Bitcoin (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.
Miner production cost faces off with BTC price
While Bitcoin miners have largely held off on major distribution as BTC/USD descends from all-time highs, the picture now appears precarious.
Calculations from on-chain analytics platform CryptoQuant reveal that miners’ production…
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