Bitcoin’s Brutal Dip: Only 5 Mining Machines Still Profitable as Market Tumbles

July 6, 2024, 7:30 a.m. 5 months, 2 weeks ago

Bitcoin’s Brutal Dip: Only 5 Mining Machines Still Profitable as Market Tumbles. As Bitcoin dips below the $55,000 mark, the implications for cryptocurrency mining are quite significant, raising concerns across the industry. Particularly, the recent drop in Bitcoin’s value has pushed the operational viability of many mining machines to their limits. A report from F2Pool, a leading Bitcoin mining pool, highlights that …


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Bitcoin

Bitcoin


The first decentralized digital currency, created by an unknown person or group …