![Bitcoin Mining Profitability Soars as 2023 Nears End: Daily Earnings Hit New Highs](https://static.news.bitcoin.com/wp-content/uploads/2023/11/mining-1-768x432.jpg)
As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per second (TH/s) with electricity expenses at $0.07 per kilowatt-hour (kWh) is poised […]