Bitcoin’s recent surge in price has led to an increase in mining difficulty and costs, suggesting healthy profitability for miners. The article discusses the self-regulation of the Bitcoin network and the challenges faced by miners. It also explores the shift in miner revenue and its implications for annual earnings. The full article is available for CryptoSlate Alpha members. Additionally, there are brief mentions of other topics such as the trading volume of USDT in Brazil, VanEck’s ETF proposal, President Biden’s safety procedures, and Morgan Stanley’s expectation of a new bull run for Bitcoin.
AI Sentiment: Neutral