Summary
- Bitcoin mining revenue is reported to be stabilizing despite last year's halving.
- BTC mining revenue in the first quarter maintained at $3.6 billion, similar to the previous fourth quarter.
- It was analyzed that small-scale miners might cease operations due to rising mining costs.
On the 25th (local time), according to the cryptocurrency specialist media Cointelegraph, Bitcoin (BTC) mining revenue appears to be stabilizing despite the halving that took place last year.
According to CoinMetrics data, BTC mining revenue in the first quarter of this year recorded $3.6 billion, similar to the fourth quarter of last year ($3.7 billion).
CoinMetrics reported that "after the BTC halving, miners have been adapting to reduced block rewards, decreased margins, and changes in operational dynamics," adding that "however, the tariff war triggered by U.S. President Donald Trump may increase mining costs, potentially causing small-scale miners to cease operations."
Meanwhile, BTC is trading at $88,125.45, down 0.21% from the previous day, based on the Binance Tether (USDT) market as of 05:33 on the 26th.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
