Bitcoin mining profits plummet to lowest in 14 months due to recent storm, leaving miners severely underpaid, says CryptoQuant report.
A recent report from CryptoQuant suggests that Bitcoin miners are receiving significantly less compensation than they should be, considering the current value of Bitcoin and the prevailing mining environment. The report highlights that miners are being paid below what is deemed fair in relation to the price of Bitcoin and the existing mining conditions. This disparity underscores the challenges faced by miners in the industry, with figures indicating a notable discrepancy between their earnings and the overall worth of Bitcoin.
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