Recently Bitcoin crashed to $60,000, below key support levels set by the previous cycle. This has put BTC’s price in the danger zone for Bitcoin miners, with many now operating at break-even and some even being forced to unplug.
Investors everywhere are asking questions about the future of Bitcoin mining. Is this the start of a death spiral in the bitcoin mining industry? Or, could this actually be the ultimate buy signal?
Credit to : Coin Bureau
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