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From Record Hashrate to a 241% Onchain Fee Increase – Bitcoin Mining’s Big October Unpacked

Moussa by Moussa
November 2, 2024
in Bitcoin
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From Record Hashrate to a 241% Onchain Fee Increase – Bitcoin Mining’s Big October Unpacked
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From Record Hashrate to a 241% Onchain Fee Increase – Bitcoin Mining’s Big October UnpackedFollowing September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash per second (PH/s) of computing power was valued at $54.52 per PH/s, the highest hashprice in 30 days. As of today, however, the spot market […]



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