Indeed I noticed too. Profitability halved compared to 4 weeks ago. There are various possible causes, such as miners having to use equipment they ordered befor

Indeed I noticed too. Profitability halved compared to 4 weeks ago. There are various possible causes, such as miners having to use equipment they ordered before, but 6 months after the peak, and given the costs of power, it seems unlikely. Mining remains widly profitable. A side effects is that it increases the security of the network. My best explanation is that we are noticing the runup to another peak. Money can't buy enough coins through mining equipment anymore, and therefore will eventually buy existing coins directly, causing another peak.