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 Hut 8 Transfers ASIC Miners to Launch American Bitcoin with Trump Family Backing March 31, 2025 Speculation Rises on Whether Bitcoin’s Halving Is Reflected in Current Prices March 14, 2024 Bitcoin miner Rhodium set for IPO, valued at $1.7 billion January 18, 2022