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Despite news in recent months that cryptocurrency mining establishments have been shutting down, or ending contracts, profits earned from Bitcoin mining have begun to rise, blockchain research group Diar reports. However, this comes after some of the worst months for Bitcoin mining to date. According to Diar, in February mining revenue fell to the lowest point for the last 19 months. Just $195 million worth of Bitcoin was minted, 10 percent less than in the previous month. It was much the same for gross margins – the difference between revenue and cost of goods – too. As they saw a…
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Bitcoin mining profits rise for first time in over a year
Source: The Next Web
