Bitcoin mining profits have decreased by 75% in the last three years, with earnings dropping from 0.39 USD/day for 1 TH/s in March 2021 to 0.1 USD/day for 1 TH/s in March 2024.
The profitability of Bitcoin mining is influenced by factors like energy costs and transaction fees. Annual electricity consumption for mining is significant, impacting overall profitability.
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