Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars Post author:MiamiCrypto Post published:October 25, 2022 Post category:are Bitcoin miners in trouble / ASICs / bitcoin difficulty / Bitcoin miners going out of business / Bitcoin Mining / BTC miners / energy costs / hashrate Soaring hash rate, high electricity costs and BTC price hovering under $20,000 for months is complicating matters for Bitcoin miners. You Might Also Like From games to piggy banks: Educating the Bitcoin ‘minors’ of the future June 19, 2022 Riot Blockchain Saw a 73% YoY Increase of BTC Production in June July 8, 2022 3 Possible Reasons Behind Bitcoin’s (BTC) $4,000 Price Drop Today January 3, 2024