Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
![Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024](https://mycryptoaction.com/wp-content/uploads/2024/07/Coinmetrics-Report-Bitcoin-Mining-Faces-Turbulence-in-Q2-2024-1024x576.jpg)
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a Coinmetrics report. Bitcoin Mining Faces Pressures and Efficiency Improvements in 2024 Second Quarter In the aftermath of Bitcoin’s halving in […]
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