Bitcoin miners face a margin crunch that historically precedes strong returns within 90 days

Bitcoin just got ~15% harder to mine as hashrate falls—pushing miner revenue back into the $30 stress zone Bitcoin’s mining economy has tightened again, but its undertones could pave the way for a ...

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Bitcoin miners face a margin crunch that historically precedes strong returns within 90 days

Source: CryptoSlate

Bitcoin just got ~15% harder to mine as hashrate falls—pushing miner revenue back into the $30 stress zone Bitcoin’s mining economy has tightened again, but its undertones could pave the way for a price recovery in the top crypto. Over the past weeks, the network difficulty jumped, while the hashrate has shown signs of softening. […]