Rising Electricity Bills and Lower Bitcoin Production Challenge Miners | Headlines | News | CoinMarketCap

02/08/2024 10:32
Rising Electricity Bills and Lower Bitcoin Production Challenge Miners | Headlines | News | CoinMarketCap

January's harsh winter intensified the challenges for Bitcoin miners, manifesting in soaring electricity costs and diminishing returns. Public mining entities like Iris Energy, Terawulf, and Bitdeer reported significant hikes in operational costs, with Iris Energy's per BTC elect...

Rising Electricity Bills and Lower Bitcoin Production Challenge Miners

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🗳 Fact/FUD

UltraMining13 minutes ago

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Published on February 08, 2024 03:19 GMT+00:00edited on February 08, 2024 03:19 GMT+00:00

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