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CoinOtag 2024-07-02 14:54:47

Bitcoin Miners Face Profitability Crisis: Forced Selling and Mergers Ahead

In the face of financial adversities, Bitcoin miners are exploring mergers and strategic acquisitions for enhanced efficiency and sustainability. Bitcoin miners’ profitability has plummeted significantly post the Bitcoin halving event. A noteworthy move is Marathon Digital’s sale of 350 BTC in May, with more sales anticipated. Learn how Bitcoin miners are adapting to survive amidst

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