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Bitcoin miner Stronghold Digital Mining reported a 47.1% drop in its monthly Bitcoin mining output in May. The company mined 82 BTC in the first full month after the halving, compared to 155 BTC in April. Meanwhile, revenue for the month was $5.20 million, down 46% from the previous month. Stronghold explicitly attributed the drop to the halving. The company said: The main reason for the decline was the first full month after the halving. The company also reported that the average hash price in ...

2024-06-08 09:56:13