Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
![Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise](https://mycryptoaction.com/wp-content/uploads/2024/05/Bitcoin-Miners-Face-Significantly-Reduced-Earnings-in-May-Despite-Bitcoin-1024x576.jpg)
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice as the value of 1 petahash per second (PH/s) daily has climbed above the […]
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