Bitcoin miners have experienced a 9.44% decline in hash price, falling from $38.97 to approximately $35.29 per PH/s per day since May 14, according to Hashrate Index data. This decrease in hash price has led to reduced miner revenue.
In the past 24 hours, on-chain transaction fees accounted for only 0.59% of block rewards, indicating that miner income remains heavily reliant on Bitcoin's price, mining difficulty, and hash price fluctuations.
Bitcoin Miner Hash Price Drops 9.44% as Revenue Declines
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
