Bitcoin miners generated $1.086 billion in revenue in May, including $1.079 billion from block subsidies, marking the first month since January that monthly earnings topped $1 billion, Bitcoin.com reported. The revenue rebound came as mining profitability was already starting to weaken again: hashprice, a key measure of miner income, fell 17.82% to about $30.77 per PH/s per day as bitcoin prices declined. At the same time, the network hashrate slipped below 975 EH/s, and mining difficulty was projected to fall 7.5% around June 13, signaling easing competition after the recent pullback in computing power.