LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattcryptoMarketTiger ResearchTiger ResearchRelated: Miners Amidst the Bitcoin Crash: Who’s Profiting? Who’s Holding On?
Original translation by Chopper The financial logic of Bitcoin miners is quite simple: they survive on fixed protocol revenue but face fluctuating real-world expenses. When markets are volatile, they are the first to feel the pressure on their balance sheets. Miners’ revenue comes from selling the Bitcoins they mine, while their operating costs are primarily the electricity bills for the heavy computers needed to run mining. This week, I tracked some key data for Bitcoin miners: the network pays them, the cost of earning that revenue, the remaining profit after deducting cash outlays, and the final net profit after accounting. With Bitcoin prices currently below $90,000, miners are facing difficulties. Over the past two months, miners’ average 7-day revenue has dropped 35% from $60 million to $40 million. Let me…# Analysis# crypto# Market# Meme Coin# TokenPre
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