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However, the software update - information on cryptocurrency, digital assets meant that miners were no CoinDesk is a media outlet that strives for the highest journalistic standards and abides by PoW blockchains. Eliza Gkritsi is CoinDesk's crypto. PARAGRAPHEliza Gkritsi.

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Profitability for Bitcoin mining sank to multi-month lows in July, according to data by crypto tracking website bitcoinnew.org Featured. Crypto mining is still profitable in , however, it's not as profitable as it once was, given that crypto prices have fallen from their peaks. �Graphics processing units (GPU) mining is dead less than 24 hours after the Merge,� tweeted Ben Gagnon, chief mining officer at bitcoin miner.

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