Bitcoin Miner Revenues Reach $1.12 Billion in September as Network Difficulty Slips

Bitcoin miners generated $1.12 billion in total revenue during September, marking their strongest month since January's $1.15 billion. The earnings rebound was supported by sustained Bitcoin prices near $84,000 to $85,000 and steady operational conditions. On October 3, Bitcoin mining difficulty underwent a marginal 0.03% decline to 132.72 trillion at block height 969,696, following a 4.16% increase earlier in September. Network hashrate stood at 986.07 EH/s during the adjustment, while the hashprice held around $40 per PH/s, bringing the year-to-date net difficulty decline to 11.96% across 19 adjustments.