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Why Bitcoin Miners Made $6 Billion Less in 2022?

Why Bitcoin Miners Made $6 Billion Less in 2022?

Bitcoin (BTC), the oldest and largest cryptocurrency, closed last year with a loss of more than 60%. The mining industry also suffered from BTC's sharp price declines, with revenues falling 37.5% in 2022 to $9.55 billion.

Bitcoin Miners' Revenue Took a Dive in 2022

According to Glassnode data, mining revenues stood at $15.3 billion in 2021. However, the high-prof... Read More

Posted: Jan 5 2023, 10:02
Author Name: financemagnates
Views: 110765

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