CoinsValue.net logo CoinsValue.net logo
Bitcoin World 2024-07-06 05:21:45

Most Bitcoin Mining Rigs Now Unprofitable Amid BTC Price Dip

According to insights from a graph shared by mining giant F2Pool, most Bitcoin mining rigs are now unprofitable and only about five mining rigs are still recording gains from their operators. Bitcoin has dropped below the 200-day Simple Moving Average (SMA). Usually, when the market trades below the 200-day SMA constantly, it is assumed to

Read the Disclaimer : Coinsvalue.net