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Bitcoin Halving Cripples Miners as Hashrate Drops 13% Post Peak

Bitcoin Halving Cripples Miners as Hashrate Drops 13% Post Peak


CoinOtag
2024-06-26 22:52:45

The Bitcoin network’s recent halving has led to significant challenges for miners, pushing profit margins to critically low levels. The decreasing hash price reflects the stark reality of dwindling mining profitability, with a recent all-time low highlighting the issue. Miners are reacting to these financial pressures by scaling back operations and liquidating Bitcoin holdings to


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