🔸According to AltIndex data, the market cap of the top five mining ⛏️ companies has declined by $2.8B following recent drops in and values.

🔹In less than a month, we_ve seen a 30% decrease from $9.53B to $6.73B.

🔸Bitcoin mining difficulty hit a new all-time high at 55.62 trillion hashes.

🔹This increased difficulty means it_s more challenging and time-consuming to mine Bitcoin.

🔸However, as many miners exit the network due to these challenges, the ones who stay see increased revenues.

👉 Crypto miners_ revenue has experienced a 43% increase since the start of the year. 👀