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$30K BTC price has ‘severe impact’ on Bitcoin miner profits — analysis By Cointelegraph

By Admin On Jun 11, 2022 3

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$30K BTC price has ‘severe impact’ on Bitcoin miner profits — analysis

(BTC) is squeezing its miners this month as suppressed prices threaten to impact profitability.

The latest data shows both narrowing profit margins and miners waiting longer to recoup their initial investment.

Bitcoin miner exchange flows vs. chart. Source: CryptoQuant

Bitcoin ASIC Price Index vs. BTC/USD chart (screenshot). Source: Hashrateindex.com

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Russia says it will respond to NATO build up in Poland: state media

Elon Musk's Starlink has become an unexpected lifeline in Ukraine, on the battlefield and in the war for public opinion, impressing many Western militaries (Politico)