Crypto SWOT: Nearly All Industrial Scale Bitcoin Miners In Texas Have Shut Off Their Machines kitconews gold silver economics metals investing mining finance
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Bitcoin miners sold nearly 400% of their production in June but…Bitcoin, the world’s largest cryptocurrency, despite the latest price hike, is finding it difficult to lure miners and prevent the exodus. For many operators, Bitcoin mining was an astonishingly lucrative activity, with gross margins sometimes as high as 90%. Alas suddenly, things have changed. First of all, Bitcoin’s price has plunged – from its peak […]
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