Affected by the halving event and the decline in the number of new wallets, Bitcoin miners' income has hit a record low in the past two months

Data shows that after the block reward halving event on April 20th, the income per TH/s for Bitcoin miners (7-day MA) has hit a historic low in the past two months.

Another possible reason for the decrease in miner income, apart from the halving, is that the number of new wallets entering the Bitcoin ecosystem is at its lowest level since 2018 (7-day MA).

It is worth mentioning that mining company CleanSpark is still performing well, with its stock price outperforming Bitcoin so far this year. In addition, the stock prices of Bitcoin mining companies Bitfarms and Core Scientific have also outperformed Bitcoin, but smaller mining companies have been struggling. (The Block)