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Mining economics tighten as record hashrate meets falling Bitcoin price: Report
Summary by Cointelegraph
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3 Articles
Bitcoin Miners Struggle Amid Record Hashrate as Sector Stocks Surge
Bitcoin Mining Industry Faces Profitability Challenges Amid Rising Competition Profitability within the Bitcoin mining sector is under increased pressure as network difficulty and declining revenues impact operators worldwide. The surge in network hashrate alongside falling Bitcoin prices has created a challenging environment for miners striving to maintain margins. Key Takeaways Hashrate reaches new peak of 1.16 ZH/s, despite Bitcoin’s price d…
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