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Bitcoin miners earn record revenue amid higher difficulty

Bitcoin miners have achieved significant revenue of $1.33 billion for December, rising above November’s $1.21 billion. This increase comes despite a 10% drop in hashprice from $61.78 to $55.57 per PH/s, underscoring miners’ efficiency amid changing market conditions.

Bitcoin’s hashrate has soared to over 805 exahash per second, marking a new record. A difficulty adjustment, expected by December 29, will likely raise the challenge, spurred by rapid block discoveries averaging 9 minutes and 53 seconds, signifying robust computational efforts network-wide.

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