The post Bitcoin Miners Are Losing $20,000 Per Coin, So Why Have They Stopped Selling? appeared first on Coinpedia Fintech News Bitcoin is trading at $68,247 at the time of writing, roughly $20,000 below what it costs to mine a single coin. Crude oil has surged 51% in a month to nearly $100 a barrel, pushing electricity costs – miners’ largest operational expense – higher at exactly the wrong time. The numbers are difficult, and they …
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