Bitcoin Miners Pocket $1B in August, but Halving Pain Still Lingers

According to metrics, last month, bitcoin miners logged their best month in revenue since May, capturing $1 billion in profits between the subsidy and fees. The strong earnings were fueled by bitcoin’s price rising 24.95% in August, giving mining operators some much-needed breathing room. Bitcoin Miners Pocket $1 Billion as Hashprice Finds Relief Bitcoin miners […]

Source: https://news.bitcoin.com/mining/bitcoin-miners-pocket-1b-in-august-but-halving-pain-still-lingers/