币界网报道：Bitcoin miner revenues have plunged by 30% this month, hitting their lowest levels since October 2023, as the network's hash rate continues to climb while BTC prices stagnate. According to blockchain data, daily mining revenues dropped to $24.7 million on June 24, down from $35.4 million at the start of June. The decline comes despite Bitcoin's hash rate reaching record highs above 600 EH/s, indicating intensified competition among miners. Analysts attribute the revenue squeeze to multiple factors including the post-halving block reward reduction, cooling institutional demand for mining equipment, and compressed profit margins. Several publicly traded mining companies have seen their stock prices fall 20-30% this month, with some smaller operators reportedly shutting down unprofitable rigs. The situation may worsen if Bitcoin's price remains rangebound while energy costs stay elevated during peak summer demand periods. However, industry observers note that efficient miners with access to low-cost power could still maintain profitability, potentially leading to further consolidation in the sector.