Bitcoin3m read
JPMorgan: Bitcoin Mining Network Increasingly Sensitive to Price Swings
JPMorgan reports that Bitcoin mining's hashrate and difficulty are now more responsive to price swings as more miners operate near breakeven.
◆ #profitability
Bitcoin3m read
Bitcoin Miner Profits Plummet to Record Lows, Challenging $60,000 Price Floor
Bitcoin miners are experiencing record-low profitability, raising concerns about the cryptocurrency's ability to hold its critical $60,000 price level.