Bitcoin miners recorded their lowest income month since September 2023 in August. According to Bitbo data, miners' income reached $827.56 million in August, a decrease of over 10.5% from $927.55 million in July and a 57% drop from the peak of nearly $1.93 billion in March 2024, when Bitcoin prices hit a historic high of over $73500 on March 13th.

The miner's income in August increased by 5% compared to August last year, but it was also the worst month for income since September last year, when the miner's income was $727.79 million and the Bitcoin price was around $25000. The trading price before the deadline is 57570 US dollars.

At the same time, the amount of Bitcoin mined in August slightly decreased, from approximately 14725 BTC in July to 13843 BTC.

The reason for the decrease in income is that miners are affected by the decrease in transaction volume and the increase in difficulty of Bitcoin mining. This situation has further intensified after the Bitcoin halving in April, with mining rewards decreasing by 50% to 3.125 BTC per memory block. As mining difficulty increases and mining profits decrease, some miners are turning their computing power towards artificial intelligence businesses, and some transactions have brought billions of dollars in revenue to miners.