Mining Monthly Roundup: April
The mining industry has entered a new phase following the completion of the fourth Bitcoin halving. With mining difficulty at an all-time high and a potential annual revenue loss of $10 billion a year after the halving, miners are grappling with rising breakeven prices from $23K to $43K per Bitcoin. Meanwhile, however, transaction fees have reached a second-record high, driven by a spike in on-chain activity. Discover all the recent developments around Bitcoin mining in this edition of the monthly industry roundup by Cointelegraph Research.
The mining industry has entered a new phase following the completion of the fourth Bitcoin halving. With mining difficulty at an all-time high and a potential annual revenue loss of $10 billion a year after the halving, miners are grappling with rising breakeven prices from $23K to $43K per Bitcoin. Meanwhile, however, transaction fees have reached a second-record high, driven by a spike in on-chain activity. Discover all the recent developments around Bitcoin mining in this edition of the monthly industry roundup by Cointelegraph Research.