Bitcoin below $56k puts stress on miners’ profitability, analysts say

Denis Omelchenko

As Bitcoin struggles to quickly recover above $60,000, miners are facing profitability issues across the industry. Bitcoin’s (BTC) temporary crash below $50,000 on Monday, Aug. 5, has put many crypto miners in a challenging situation as they are now facing…

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Bitcoin below $56k puts stress on miners’ profitability, analysts say