Navigating the Bitcoin Mining Landscape: Fees, Profitability, and Future Projections
By Vlad Hryniv
Bitcoin network fees have recently dropped to levels not seen since 2020, sparking discussions about a possible ‘surrender’ among miners. According to CryptoQuant, such a drop in profitability may signal that the market has reached the bottom, but the reality is much more complicated. Let's try to understand this situation further.
Mining profitability depends on the following factors:
After the 2020 halving, fees spiked sharply but returned to more stable levels. This situation i...
Bitcoin network fees have recently dropped to levels not seen since 2020, sparking discussions about a possible ‘surrender’ among miners. According to CryptoQuant, such a drop in profitability may signal that the market has reached the bottom, but the reality is much more complicated. Let's try to understand this situation further.
Mining profitability depends on the following factors:
After the 2020 halving, fees spiked sharply but returned to more stable levels. This situation i...