Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay.
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Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay.
Many experts believe that the recent slew of insolvencies may be good for the market in the long run, weeding out any weak players from the industry.
While CoinMarketCap was acquired by Binance during post-2017 crypto winter, the current bear market is not the right time to sell CoinGecko, its COO said.
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
Multiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows.
The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational.
Bitcoin prices are besieged by a multitude of factors, and the cryptocurrency is struggling to breach the $25,000 mark.
As many crypto holders are gearing up for a bear market, what are the factors influencing the mining business?
Wondering if the recent Bitcoin price movement is going to keep moving forward, or if this is just another bear trap? Join the conversation with Nicholas Merten from ‘DataDash’ and…
Grayscale Investments has explained that there may be another 250 days of the current bearish crypto market, citing patterns in previous cycles. In addition, “Bitcoin is 222 days off the…