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The Bitcoin mining industry has grappled with dwindling revenues since the last halving event in 2024, which saw miners’ reward drop from 6.25 BTC to 3.125 BTC. On top of this, the mining difficulty has continued to climb, making it more challenging to secure the Bitcoin network.
Despite the rising price of BTC over the past year, the miners have struggled to remain profitable while securing the world’s largest blockchain. A crypto expert has shared insights into the Bitcoin mining industry over the past few months in the current cycle.
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Miners Could Be Forced To Shed BTC Holdings: Crypto CEO
In a September 5 post on the X platform, Alphractal founder
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