Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says

Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted. source: https://www.coindesk.com/markets/2024/07/09/drop-in-bitcoin-mining-difficulty-comparable-to-ftx-collapse-cryptoquant-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines