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Cryptocurrency Medium Importance Neutral
$65,000 Bitcoin Paradox: Why Miner Fee Revenue Sinks to 2019 Levels

$65,000 Bitcoin Paradox: Why Miner Fee Revenue Sinks to 2019 Levels

Bitcoin miners have run into a paradoxical crisis - the coin itself is expensive, but making money from mining it has become harder than ever. While BTC holds in the $60,000–$65,000 range, companies' revenues from processing transactions have unexpectedly collapsed to 2019 levels.

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