Quote from: JanNettFoster on Today at 10:48:58 AM

Quote from: salve0908 on Today at 10:43:56 AM

Quote from: Liam Martins on September 02, 2024, 03:41:45 PM

August 2024 proved to be one of the toughest months for Bitcoin miners in recent history. According to QGame, the sector saw a sharp decline in earnings, with a $99.75 million reduction in revenue and a $4.14 million drop in on-chain fees. These numbers mark the lowest point for Bitcoin mining earnings since September 2023. This downturn highlights the persistent challenges faced by miners and raises important questions about the future of crypto mining as market conditions continue to fluctuate.

https://x.com/Qgame2024/status/1830455708170731704

#Bitcoin #CryptoMining #MiningRevenue #CryptoMarket

Is BTC mining profitable? Is mining actually profitable nowadays? I thought everyone switched to staking, the APR is higher there and more chances to earn

High APR? Where have you seen it? Ethereum gives about 3% APR

For example, this project, they offer 125% APR: https://waterfall.network/individuals#statistics_block