Cryptocurrency News

$30K BTC price has ‘severe impact’ on Bitcoin miner profits — analysis

06/11/2022

Less than a minute

2022.06.11 13:00

$30K BTC price has ‘severe impact’ on Bitcoin miner profits — analysis

Bitcoin (BTC) is squeezing its miners this month as suppressed prices threaten to impact profitability.

The latest data shows both narrowing profit margins and miners waiting longer to recoup their initial investment.

06/11/2022

Less than a minute

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Bitcoin (BTC) $ 103,939.85 0.98%

Ethereum (ETH) $ 2,573.46 0.54%

Tether (USDT) $ 1.00 0.00%

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