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CoinOtag 2024-07-03 05:04:41

Bitcoin Miners Face Financial Pressure Amid Halved Block Rewards and Decreased Network Fees

Bitcoin mining companies are experiencing notable financial pressures due to reduced network fees and halved block rewards. This economic strain may force some mining firms to sell off their digital assets prematurely to maintain solvency, as noted by Kaiko Research. Revenue decline and increased costs are leading to potential market consolidations as smaller operations may

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