Bitcoin Miners In Asia Are Facing Difficulty Due To High Energy Costs

Bitcoin Miners In Asia Are Facing Difficulty Due To High Energy Costs

In the past 24 hours, the Bitcoin mining profitability rate was at 0.0575 USD/Day for 1 THah/s.
Kazakhstan tightens regulations for crypto miners.
There has been a steady decline in Bitcoin mining revenue and transaction fees in the past few months to $11.67 million (USD). The continuous rise in energy costs is one of the reasons for the downfall of bitcoin mining. On Tuesday morning, some of Asia’s major Bitcoin mining firms are continuously facing cash shortages.
This year is marked as unlucky for the Bitcoin mining sector. Bitcoin miners faced the worst bear markets in the past few months due to the sudden collapse of Terra, the Celsius Network affected FTX
As per Blockchain.com data, the Bitcoin hash rate was around 245 on Tuesday, down from a weekly average of 253 hash rate last week. According to CoinMarketCap, Bitcoin was trading at $16,805 at press time, down by 2.11% in a week. One of the largest Bitcoin Whales sold 280,000 BTC within 30 days, which may impact the price of B

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2022/12/20/bitcoin-miners-in-asia-are-facing-difficulty-due-to-high-energy-costs/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy