Bitcoin Miners Reap $3.40 Million in Weekly Profits Despite Market Volatility. Bitcoin miners have collectively earned more than $3.40 million in profits over the past week. Before the recent spike in miners’ profitability, the graph of their realized profit, as presented by analyst Ali Martinez, depicted a flattened trend. https://yakihonne.s3.ap-east-1.amazonaws.com/6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9/files/1717448665998-YAKIHONNES3.jpg
The recent price swings have allowed miners to capitalize on both bullish and bearish trends. For instance, a dramatic price increase in mid-July saw Bitcoin nearing $68,000, which coincided with a spike in miners' profits
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