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Wall Street bank warns on falling profits despite Bitcoin hashrate boom

AnushkaBasu@RTBIO profile imagefeatured creator badge
AnushkaBasu
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Mar 17, 2025 9:59 PMPublished Mar 17, 2025 9:59 PM
Bitcoin miners make less as prices fall, even as their computing power spikes. Their daily revenue per unit of mining power decreased 11% in March and is down 52% since the halving last year.
www.thestreet.comWall Street bank warns on falling profits despite Bitcoin hashrate boom Bitcoin miners make less as prices fall, even as their computing power spikes. Their daily revenue per unit of mining power decreased 11% in March and is down 52% since the halving last year.
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