Earnings represent small fraction of growth: Bitcoin miners attained just 3.6% of the 2 trillion USD market cap. This situation underscores the limited share miners secure compared to the market’s expansion, as their income diminishes amidst rising competition and market volatility.
Competition impacts miners’ profitability: The landscape for Bitcoin mining reveals ongoing challenges due to fierce competition and shifting economic conditions. As the market evolves, miners’ earnings remain a minor aspect of the expansive cryptocurrency ecosystem.