Miners in for a world of hurt...

in #bitcoin2 years ago

The Bitcoin Difficulty Rate just hit a new all time high...

Miners are getting squeezed just like everyone else.

The difficulty rate continues going higher while the price continues going lower.

This isn't good for miners:

image.png

(Source: https://twitter.com/rovercrc/status/1524403454378135552/photo/1)

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