Cryptocurrency
Bitcoin Miners Saw 11% Revenue Drop in September
Bitcoin Miners Saw 11% Revenue Drop in September: CoinDesk reports, “Bitcoin miners generated an estimated $328 million in revenue in September, down 11% from August, according to Coin Metrics data analyzed by CoinDesk. The moderate decrease in revenue came as bitcoin (BTC) stumbled through September, closing the month down 8% after gaining over 25% through July and […]
By Chris Sykora · October 2, 2020
Bitcoin Miners Saw 11% Revenue Drop in September:
CoinDesk reports, “Bitcoin miners generated an estimated $328 million in revenue in September, down 11% from August, according to Coin Metrics data analyzed by CoinDesk.
- The moderate decrease in revenue came as bitcoin (BTC) stumbled through September, closing the month down 8% after gaining over 25% through July and August.
- Revenue estimates assume miners sell their BTC immediately.
