The article discusses the decline in revenue for Bitcoin miners due to the falling hash price. The hash price, which measures potential revenue, has dropped close to its lowest point in three years. This has raised concerns for miners who rely on income generated from deploying hash rate to cover expenses and shareholder payments. The hash price has fallen by over 40% since reaching its highest level in 2023. This indicates that miners may be struggling to compete. Difficulty levels have been rising as the hash rate increases, adding to the challenges faced by miners. The article concludes by stating that the impact of these revenue declines on mining operations is yet to be seen.
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