Stagnating growth in bitcoin miner revenues

The Bitcoin miner revenues have seen solid growth lately, but it’s slowing down as the bitcoin price stabilizes and the mining difficulty increases.

Daily miner revenues increased from a bottom of only $17 million on July 17th to $21.8 million on July 29th. Since then, the growth has slowed, and daily miner revenues over the past seven days were only marginally higher at $21.9 million.

The recent bitcoin price stabilization mainly caused the slowing growth in daily miner revenues, but the increasing mining difficulty also had a small impact.

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