Bitcoin Miners’ Income Dwindles as September Yields Lowest Fees of 2024

TL;DR September 2024 saw the lowest monthly revenue for Bitcoin miners this year, with earnings dropping to $815.7 million, a 4% decline from August. Reduced transaction fees and high operating costs significantly impacted miners’ profitability, with total operating costs estimated at around $650 million. Post-halving challenges continue to affect miners, as the block reward reduction and... source: https://crypto-economy.com/bitcoin-miners-income-dwindles-as-september-yields-lowest-fees-of-2024/