Bitcoin Hash Rate Rises While Mining Revenue Falls: BTC Should Rise

in bitcoin •  last year 

In Brief:

  • Bitcoin mining revenue, or the measure of dollars earned per daily TH/s, has reached unprecedented levels since the collapse of FTX in November 2022, while the hash rate has reached new highs.
  • Bitcoin miners are using funds obtained from stock sales to survive the bear market, but this is causing concern among some shareholders and increasing pressure in the market.

https://en.coin-turk.com/bitcoin-hash-rate-rises-while-mining-revenue-falls-btc-should-rise/

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