Bitcoin Mining Profitability Diminishing in Spite of Record Revenues

A recent analysis of Bitcoin’s mining environment shows that its lucrativeness and profitability has reduced.

While Bitcoin is steering a clear course, its mining environment is passing through one of the most significant bear stretches in its entire history. The latest data from Diar, a blockchain technology industry analysis provider, disclosed that miners haven’t performed well in September which leads to questions about the impact it could cause on the future of Bitcoin (BTC).

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-mining-profitability-diminishing/