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    Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices

    • Post author:MiamiCrypto
    • Post published:December 31, 2022
    • Post category:Antminer/ASIC devices/Bitcoin/Bitcoin (BTC)/Bitcoin Miners/Bitcoin Mining/bitcoin mining machines/Bitmain/BTC Mining/Cost of Production/Dec 2022/Electricity/Macromicro.me stats/mining bitcoin/Mining Operations/mining rigs/News/Production Costs/profits/S19 XP/S19 XP Hyd./SHA256 ASIC models/Spot Market Value

    Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Currently,…

    Continue ReadingChallenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices
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