Hey kids! Did you know that people use super-powerful computers to create Bitcoin? These computers are called Bitcoin miners. In February, things got a bit tougher for them. Let's find out why!
- Bitcoin's price went down, making it harder to earn money mining.
- The cost of running these super-computers also went up.
- The total money made by miners went down.
Thing | Number |
---|---|
Bitcoin miner's earnings (February) | $29,500 per EH/s |
Decrease in earnings | 9% |
Increase in computing power | 3% |
So, even though the computers got more powerful, the miners made less money. It's like getting a super-fast bike, but having to pay more for gas!