{"id":400512,"date":"2022-08-13T20:40:57","date_gmt":"2022-08-13T15:10:57","guid":{"rendered":"https:\/\/www.www.bullfrag.com\/bitcoin-mining-revenue-is-up-68-6-since-the-lowest-earning-day-of-2022\/"},"modified":"2022-08-13T20:40:57","modified_gmt":"2022-08-13T15:10:57","slug":"bitcoin-mining-revenue-is-up-68-6-since-the-lowest-earning-day-of-2022","status":"publish","type":"post","link":"https:\/\/www.bullfrag.com\/bitcoin-mining-revenue-is-up-68-6-since-the-lowest-earning-day-of-2022\/","title":{"rendered":"Bitcoin mining revenue is up 68.6% since the lowest earning day of 2022"},"content":{"rendered":"
The bitcoin (BTC) mining sector endured immense financial stress throughout 2022<\/strong>, as a prolonged bear market directly affected their earnings when expressed in US dollars. However, heMiners who endured the lowest mining revenue day of the year, June 13, witnessed a 68.63% increase in mining revenue in one month<\/strong>.<\/p>\n Throughout the year, bitcoin mining revenue fell due to a multitude of factors centered on investor sentiment.<\/strong>, fueled by stresses stemming from market crashes, ecosystem collapse and loss-making investments. Despite the noise the Bitcoin ecosystem recovered through numerous determinants, including miner dollar revenue, network difficulty, and hash rate<\/strong>.<\/p>\n