Bitcoin Mining Profits Decline for Fourth Month as Difficulty Hits Record High, JPMorgan Reports
In October, daily revenue and gross profit for Bitcoin mining dropped for the fourth consecutive month, according to a recent report. JPMorgan revealed that daily gross profits from block rewards had plummeted to their lowest recent levels. One of the primary factors impacting mining profits was the record-high mining difficulty reached during October, which has … Continue reading Bitcoin Mining Profits Decline for Fourth Month as Difficulty Hits Record High, JPMorgan Reports
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