crypto

📊 Bitcoin miners are under a lot of pressure after halving. After the halving, the reward of each block was halved, which is why the income of the miners was greatly reduced.

📉 Currently, miners' income has reached the level of the fall of Covid, i.e. March 2020 (black Chinese dot)!

The halving indeed reduces miners' income, and reaching income levels similar to those of March 2020 suggests a challenging environment for miners, prompting the need for efficiency and possibly upgrades to remain profitable.