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Bitcoin Mining Revenue Remains Stable at $1.4 Billion Despite Public Miners’ Dwindling Market Share
According to recent data, the revenue generated by Bitcoin mining has remained remarkably consistent, standing at approximately $1.4 billion. This unexpected stability is a stark contrast to the trends observed among publicly listed miners, which have been experiencing a decline in their market share.
In light of this development, it appears that the decentralized nature of Bitcoin’s network has allowed mining revenue to persist despite any challenges faced by individual mining operations.
Source: cryptoslate.com
