Bitcoin miners earned a total of $815.7 million in September, the lowest monthly earnings so far in 2024. The earnings consisted of $801.84 million from Bitcoin's block reward subsidy and $13.86 million from transaction fees. This marked a 4.18% drop from August's earnings. Despite the low revenue, there was a slight increase in hashprice, which reflects the value of Bitcoin's hashpower. Miners are hoping for a more profitable month in October, as historically it has been a favorable month for BTC.
- Content Editor ( news.bitcoin.com )
- 2024-10-01
September Slump: Bitcoin Miners See 2024’s Lowest Revenue