Bitcoin mining profitability took a hit in September! ๐ Jefferies Investment's latest report shows a 2.6% drop in average revenue per exahash. Despite a 1.7% rise in hashrate, BTC prices stayed flat, squeezing miners' profit margins. Marathon Digital led the pack, mining 705 BTC, while North American miners upped their game, contributing 22% to the network. With the U.S. elections on the horizon, could we see favorable crypto policies? ๐ Stay tuned! #Bitcoin #CryptoNews #Blockchain
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