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CoinOtag 2024-07-06 05:41:46

Bitcoin’s Plunge Below $55K Strains Mining Profitability: F2Pool Report Reveals the Impact

The recent plunge of Bitcoin below the $55,000 threshold has stirred up major concerns within the cryptocurrency mining sector. This decline has led to a significant squeeze on the profitability of various mining devices, pushing many to their operational limits. Insights from a report by F2Pool, a prominent Bitcoin mining pool, reveal that only a

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