Bitcoin Miners' Daily Revenue Rises to $48 Million
Bitcoin miners' daily revenue has rebounded from a low of $27 million in July to $48 million, marking a 78% increase. The price of Bitcoin has surged approximately 45% from its July low of $58,000 to over $83,000. The total network hash rate has also increased from 899 EH/s on July 31 to 962 EH/s. Since August 21, miners' profitability has shifted from "severely underpaid" to "reasonable earnings," with no extreme miner outflows observed, and the balances of large miners have stabilized.
-- Price
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