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

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

(BTCAs low prices threaten profitability, ), is trying to squeeze its miners.

Recent data shows that profit margins are shrinking and miners take longer to recover their initial investments.

Bitcoin miner exchange flows vs. chart. Source: CryptoQuant
Screenshot: Bitcoin ASIC Price Index (screenshot) Source: Hashrateindex.com