The income of btc miners has reached a minimum in the last 11 months. This, of course, is connected with the fourth halving $BTC , which took place in April of this year. With the three previous halving of the miner's reward, the price of BTC, which simultaneously became twice as scarce, dynamically increased. This completely and completely "covered" their expenses. At the fourth, April halving, the yield fell sharply due to the lack of intensive BTC price growth. Not all miners can financially withstand the decrease in profitability, and many of them stop their activities or redirect their capacities, for example, to computing for artificial intelligence. This is quite a strong blow to the network, which provokes a drop in the hashrate and even greater delays in the positive dynamics of the BTC price. Currently, there is an active discussion on the issue of creating ecosystems on top of BTC, which could provide additional income to BTC miners, but from the technical side, this is almost impossible.
Some miners are trying to stay in business by using alternative sources of energy. The Japanese energy company Tokyo Electric Power has already launched farms powered by solar cells in the prefectures of Guma, Totigi, as well as in the suburbs of Tokyo.
"What we do has practically no analogues in Japan. The success of our experiment will contribute to the introduction and spread of renewable energy, as well as to the expansion of bitcoin mining methods without harming the environment," said company president Kenji Tateiwa.
It should be added that by 2025, Japan plans to make changes to the tax legislation that will reduce the financial burden on cryptocurrency market participants.
