Bitcoin Mining Slumps to Post-Halving Lows as Weather Outages and Weak Prices Hit Miners
Weather outages and weak prices push Bitcoin mining to post-halving lows, cutting output, revenue, and miner profits. Bitcoin’s woes have continued to compound as recent data shows that mining activity around the OG crypto has dropped to its lowest levels since the last halving. According to market observers, this event is attributable to power shortages
