simply
- Bitcoin miners were struggling because of the price of major digital coins earlier this year.
- However, BTC has recently reached a new record in May and is nearing its level.
- The miner minimizes more coins, and Bit Dear listed on NASDAQ is produced 18% more in May than the previous month.
Bitcoin In May, Miner Bitdeer announced 196 BTC, an increase of more than 18% from April. This is the latest monthly profit registered by the publicly traded miners as the industry recovers slowly as the price and difficulty of leading cryptocurrency rises.
Bit Dear listed on NASDAQ (BTDR) Reported Wednesday, due to the new mining machine, the hashrate has been extended from 12.4 last month to 13.6 EXAHASH. EXAHASH is a measurement of computational ability.
Data from FarSide Investors show Four Bitcoin Top miners, including CleanSpark, Mara, Riot Platforms and Hive, have created more BTCs in May than April. Data for the other five miners has not been used yet.
that Bitcoin mining As competition has increased due to small rewards, the industry has become more difficult this year, but the price of digital assets has fallen, making it more difficult for mining operation to cover the cost. After half of last year, the miners are worth 3.215 in 6.25 Bitcoin, or about $ 340,000 depending on the current price.
The best miners had to sell more coins than usual. In April, the price of Bitcoin dropped to less than $ 75,000 per coin, and Trump’s tariff announcements shaken more than 20% in a month.
But if the price of major cryptocurrency increases rapidly, it can be helpful. Bitcoin broke the new price record in May of $ 111,814, and now he is ashamed of 3%of the high score Coingeko data. show.
Mining is usually a large warehouse full of special computers that are racing to add blocks to the cryptocurrency block chain.
The block is added to Bitcoin’s trading ledger, and the miners are newly embedded digital coins and are rewarded for speed. However, the industry requires a lot of equipment and energy and has a low probability of success.
The miners are scattered around the world, but the United States has the highest percentage of hashrates worldwide.
President Trump said he campaigned to help the industry and wanted to perform public service in all the future BTCs in the future.
Edited by James Rubin
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