Bitcoin miners saw revenue drop 46.15% in May, the lowest level since October 2023.

After two consecutive months of record revenues, Bitcoin miners saw a significant decline in profits in May, a level not seen since October 2023. In April, miners generated $1.79 billion, while May figures show much lower revenues of around $964.24 million. Bitcoin miners’ revenues drop sharply in May Bitcoin miners made 46.15% less […]