Imagine Bitcoin mining as a giant treasure hunt for digital gold! Big companies are competing to find the most Bitcoin. Recently, the growth of Bitcoin mining slowed down a bit.
- Smaller mining companies are having a harder time because of lower profits.
- Bigger companies are getting a larger share of the Bitcoin mining.
- Some miners are trying to make money in other ways.
| Fact | Number |
|---|---|
| Total mining revenue in January | $1.4 billion |
| Bitcoin's price (around) | $20,000-$30,000 |
| Number of Bitcoins held by public companies | 99,000 |
Experts think that mining difficulty might go down again in February, meaning it'll become even harder for smaller miners.
