![Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June](https://static.news.bitcoin.com/wp-content/uploads/2024/07/mibnnnerddd67-768x432.jpg)
Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash per second (PH/s) of hashrate remains notably low at $47.79 per PH/s. Despite the revenue decline, Bitcoin’s hashrate is still just under the 600 exahash per second (EH/s) mark. Bitcoin Miners’ Earnings Plummet; […]