Recent data has unveiled a concerning trend in the world of Bitcoin mining, with profitability nearing record lows. Despite the recent halving event, miners are grappling with diminishing returns, posing significant challenges to the network’s security. Understanding Hashprice Dynamics The concept of “hashprice,” measuring a miner’s daily revenue per petahash of computing power, has plummeted … Continue reading "Bitcoin Mining Faces Profitability Crisis: New Data Reveals" The post Bitcoin Mining Faces Profitability Crisis: New Data Reveals appeared first on Cryptoknowmics-Crypto News and Media Platform .
