BITCOIN MINING PROFITABILITY DROPS

Bitcoin mining profitability dipped 2.6% in September, with Jefferies saying average daily revenue per exahash is looking weak while the hashrate rose 1.7%.

October’s not shaping up to be much better—BTC is only up about 5%, but that hashrate jumped 11%.

On the bright side, North American miners scored 22.2% of the total network share, thanks to cooler temps.

Marathon Digital flexed hard, mining 705 BTC, while CleanSpark snagged 493.

Source: CoinDesk