Rapidly Falling Crypto Prices Force Chinese Crypto Mining Firms to Dump Hardware Equipment

in #dlike6 years ago


The ongoing decline in cryptocurrency prices has continued to cause widespread fear among miners, as well as forcing them reevaluate the cost of mining operations. This has become even more prevale…

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Sounds like they got caught with their pants down and their willies hanging out.  It is easy to spend when times are good; hard to cut back when they are not.  The miners went nuts when prices were high.  Paying the price now.

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