- Miners on the Ethereum network witnessed a decline in profitability as the price of Ethereum slumped in the recent crypto bloodbath.
- Electricity consumption of some of the largest cryptocurrency networks dropped by as much as 50% as miners were forced to shut shop.
- Ethereum price witnessed a trend reversal and analysts predict a continuation of ETH uptrend.
Ethereum price rally continues despite the drop in mining profitability. With the decline in Ethereum…
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