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After reaching a new high, Bitcoin miners' earnings remain under pressure, and listed mining companies' coin sales hit a two-year high.
According to Gate News bot, TheMinerMag reported that Bitcoin broke through $109,000 in May, setting a new historical high, but the miner revenue indicator hashprice only reached $55 per PH/s, lower than the $63 level when Bitcoin surpassed $100,000 last December.
Data shows that in April, listed mining companies sold 115% of their production, reaching the highest level since 2022. At the same time, some mining companies signed agreements with Bitmain to use Bitcoin to pay for mining machines and retain the right to buy back at the agreed price to cope with price fluctuations.
Source: CoinDesk
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