Ayo Crypto Updates

Bitcoin Mining Profitability Drops

Bitcoin miners have seen their revenue and profitability plummet as the cryptocurrency itself continues to fall.
Daily mining revenue fell as much as 27% in May, from $40.57 million at the beginning of the month to $29.37 million by the end of it.
Bitcoin daily mining revenue hit a peak of $80 million sometime in April 2021, but has fallen by 62% since then.

Cointelegraph

Bitcoin daily mining revenue slumped in May to eleven-month low Crypto investors are not the only ones suffering as BTC mining revenue slumps to its lowest levels since July 2021.

Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s dominance will take time. BRICS Countries’ Dependence on the US-Dominated Global Financial System Chinese experts […]

And the list goes on and on…

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