Daily bitcoin mining revenue and gross profit decreased for the fourth consecutive month, with the block reward gross profit hitting its lowest point in recent history.
While mining profitability fell by 2%, transaction fees significantly increased and represented up to 60% of the block reward towards the end of October.
The average hashrate for the Bitcoin network reached a record 702 EH/s in October, marking a 9% gain from September.
Publicly listed miners experienced a 14% increase in total market cap, rising to $23.9 billion, driven primarily by those with strong HPC capabilities.
Collection
[
|
...
]