Bitcoin Mining Profitability Falls 7%: Hashprice Near BreakevenBitcoin miners just endured another earnings squeeze. In September, profitability declined by more than 7%, with estimated daily revenue per 1 EH/s sliding from $56,000 to $52,000, according to a Jefferies note summarized by CoinDesk and picked up by ForkLog. The bank attributes the drop to a modest market pullback and a ~9% jump in network computing power, which pushed difficulty higher and split the same rewards among more machines.
Jefferies also tallied output from North America?s listed operators: public miners produced 3,401 BTC in September, down from 3,576 BTC in August, with Marathon Digital and CleanSpark among the leaders by production and hashrate. The takeaway is simple: when network capacity expands faster than revenue inputs, unit economics compress?even for scale players.
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