Bitcoin miner revenue hit hardest as THIS troubling sign emerges

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Bitcoin miner revenue has been facing a tough period, and the drop in revenue might spark reactions from other key metrics.

Over the last few days, there has been a notable decline in miners’ revenue, which could be due to different factors.

At of the end of the 23rd of June, the revenue was approximately 365 BTC. This translated to around $23 million, based on the closing price of Bitcoin on that day. Historical data from the chart showed that the last time revenues were near this low was in 2021. The chart showed that revenues were around 388 BTC.

 

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