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  • terra-lunaTerra Luna Classic (LUNC) $ 0.000162 0.48%
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  • aaveAave (AAVE) $ 63.74 2.34%
  • huobi-tokenHuobi (HT) $ 6.83 4.43%
  • lido-daoLido DAO (LDO) $ 1.13 2.13%

Mining Bitcoin Profitably Has Never Been Harder


The below is a direct excerpt of Marty’s Bent Issue #1275: “Miners are in a world of hurt.” Sign up for the newsletter here.

The pain in the mining world continues as hash rate skyrockets, the difficulty adjusting upwards as a result and hash price craters as the price of bitcoin has remained in a tight range between approximately $18,000 and $20,000 for more than six weeks. After yesterday’s upward difficulty adjustment of 3.4%, hash price fell to $0.055, according to Braiins Insights. This is the lowest it has been in the ASIC era.



Read More: Mining Bitcoin Profitably Has Never Been Harder

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