Analysis: BTC miners’ revenue to increase over next five months
May 10, 2024, 7:45 AM
Crypto mining service firm Luxor said in a Q1 analysis report that hashprice, an indicator for Bitcoin mining profitability, has recently rebounded after approaching its historic low post-halving. The report predicted that hashprice could be on the rise for the next five months driven by either decreasing Bitcoin mining difficulty or increasing transaction fees.
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