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Bitcoin Miners Hit $1.08B in May Revenue, Then Prices Pull the Floor Away

Man working at a bitcoin mining facility.Bitcoin miners finally had something to celebrate, delivering their strongest revenue gain in four months as May lifted earnings beyond the $1 billion mark for the first time since January. Current revenue, however, has cooled considerably, with bitcoin slipping below the $66,000 mark on Tuesday before staging a modest recovery the following day. Miners Feel […]

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