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If Bitcoin fails to surge rapidly after halving then leading miners might face severe trouble- Analyst.
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An executive at Luxor claims that giant miners use dozens of techniques to avoid losses due to volatility.
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Hut 8, a Florida-based crypto miner revealed that it is holding 9,195 Bitcoins worth $391 Million (as of writing).
An analyst at Cantor Fitzgerald stated that eleven leading publicly traded Bitcoin miners are expected to face a barrier to book project, if Bitcoin price does not experience a significant increase after the successful completion of the most awaited event – Bitcoin’s 4th halving.
The co-founder and executive chairman of CleanSpark, Matthew Shultz reposted a post of the Bitcoin News ‘X’ account, that highlights concern for leading miners like Marathon Digital, Riot Platform and Core Scientific that their mining cost may no longer cover their cost.
NEW: 11 out of the 13 biggest publicly traded #Bitco
We współpracy z: https://www.thecoinrepublic.com/2024/01/28/analyst-says-btc-miners-might-face-trouble-in-booking-profits/
