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CoinTurk News 2023-08-28 06:24:41

Bitcoin Hash Rate Rises While Mining Revenue Falls: BTC Should Rise

Bitcoin mining revenue, or the measure of dollars earned per daily TH/s, has reached unprecedented levels since the collapse of FTX in November 2022, while the hash rate has reached new highs. Bitcoin miners are using funds obtained from stock sales to survive the bear market, but this is causing concern among some shareholders and increasing pressure in the market. The post Bitcoin Hash Rate Rises While Mining Revenue Falls: BTC Should Rise appeared first on COINTURK NEWS.

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