Bitcoin Miners Generating BTC at Level Last Seen Post Halving; Unphased by the Drawdown
Bitcoin's difficulty adjustment meanwhile shifted lower this time at 17.3 trillion. With the negative adjustment, the bitcoin miner profitability took an upswing to $0.0898, as per Bitinfocharts.
Bitcoin miner's profitability was around $0.161 for 1 THash/s in early May when the halving took a hammer to it, and profitability dropped 54%.
In mid-July, it bottomed at $0.0674, and since then, bitcoin mining' profitability has been trying to sustain around $0.1, with no luck, so far.
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