HomeStock MarketAt $11.67 million, bitcoin mining revenue is at its lowest level in...

At $11.67 million, bitcoin mining revenue is at its lowest level in two years.

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  • The revenue generated by Bitcoin miners dropped to two-year lows as a result of subpar market performance, an increase in computational demand, and increasing network difficulty, according to Cointelegraph.
  • With block rewards and transaction fees included, the total revenue from Bitcoin mining dropped to $11.67 million, a level last reached on November 2, 2020, when the price of one bitcoin was roughly $13,500.

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