Bitcoin Hashrate Plunges 11% As Miner Profitability At 3-Year Lows

On-chain data shows the Bitcoin mining hashrate has registered a decrease of 11% recently as miner profitability has dropped to a 3-year low. Bitcoin Miners Haven’t Been Under This Much Stress In 3 Years As pointed out by CryptoQuant community manager Maartunn in a post on X, Bitcoin miners are being significantly underpaid right now. […] source: https://bitcoinist.com/bitcoin-hashrate-11-miner-profitability-3-lows/