The Big Market ReportToday's Briefing
Earnings·CoinTelegraph· 3d ago

★CoinShares says up to 20% of Bitcoin miners are unprofitable

Strategic Analysis // Ian Gross

"This news signals potential consolidation within the Bitcoin mining industry. Unprofitable miners may shut down or sell, impacting network security and potentially leading to price volatility as supply dynamics shift. Investors should watch for further stress in the mining sector."

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CoinShares says up to 20% of Bitcoin miners are unprofitable

The Big Market Report Take

So, 20% of Bitcoin miners are apparently bleeding money right now. Seems like the old adage holds true even in digital gold: if your gear's outdated or your power bill's too high, you're going to struggle. Some things never change.

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