Cryptocurrencies: 26009
Markets: 101336
Market Cap: $2,905,692,986,217     
24h Vol: $64,980,493,784
Bitcoin.com 2022-11-21 17:30:25

Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value

Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar following FTX’s collapse. Statistics recorded this past weekend show that bitcoin’s average cost of production has been a lot higher than bitcoin’s USD value
esptco-banner img

Videos
  • Bitcoin Cash: What is Bitcoin Cash (BCH)? EXPLAINED!

  • COIN vs TOKEN | Difference Between Coin and Token | Simply Explained!

  • DEFI: What is Defi? A Beginner's Guide to Decentralized Finance!

  • How to Buy BTC with Coinbase?

Our Partners