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CoinGape 2024-04-26 19:30:30

Bitcoin Mining Profitability Metric Hits All-Time Low After 4Th Halving

As the Bitcoin (BTC) network navigates through the aftermath of its fourth Halving event, a key metric providing insight into the profitability of BTC mining has plummeted to an all-time low. The hashprice, coined by Luxor, descended to $57.09 on Friday, April 26. This echoes levels last seen in the wake of the FTX collapse The post Bitcoin Mining Profitability Metric Hits All-Time Low After 4Th Halving appeared first on CoinGape .

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