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 The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice October 21, 2024 Jack Dorsey’s Block Bets Big on Bitcoin Mining November 8, 2024 Bitcoin price plummets while miner hash rate soars to all-time highs October 4, 2022