Bitcoin Watch – Bitcoin miners revenues near USD5 billion, however profitability dives

New research from Diar has highlighted the vast revenues achieved by Bitcoin miners. Diar’s estimates show that: “Bitcoin miner revenues in the first 6-months of this year surpassed all earnings of 2017. To date, revenues have exceeded last year by a whopping $1.4Bn. But the record hash rate hit at the end of August saw miners paying retail electricity prices move to unprofitability for the first time in September.”

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