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Home»BITCOIN NEWS»Despite Bitcoin price rise, Bitcoin miners saw significant decline in profits in May
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Despite Bitcoin price rise, Bitcoin miners saw significant decline in profits in May

By Crypto FlexsMay 16, 20241 Min Read
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Despite Bitcoin price rise, Bitcoin miners saw significant decline in profits in May
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According to 7-day simple moving average (SMA) statistics on Bitcoin hashrate, the network hashrate has remained below 600 exahashes per second (EH/s) for about a week. The recent rise in the price of Bitcoin means that the value of 1 petahash per second (PH/s) per day (…)

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