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The post Bitcoin Miners Might Soon Liquidate if BTC Price Continue To Slump appeared first on Coinpedia Fintech News
The miner’s profitability could be harmed by the rising cost of mining blocks. Since the price of Bitcoin has been falling over the course of the year, from $46,000 to roughly $19,300, analysts estimated that the difficulty hike would reduce the miners’ profits by about 20%. Leading analytics company Glassnode issues a dire warning about …

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