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Bitcoinist 2024-07-06 05:30:27

Bitcoin’s Brutal Dip: Only 5 Mining Machines Still Profitable as Market Tumbles

As Bitcoin dips below the $55,000 mark, the implications for cryptocurrency mining are quite significant, raising concerns across the industry. Particularly, the recent drop in Bitcoin’s value has pushed the operational viability of many mining machines to their limits. A report from F2Pool, a leading Bitcoin mining pool, highlights that of the many mining machines

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