CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinOtag 2024-06-28 05:07:09

Bitcoin Mining Hashrate Drops to Lowest Level Since March Amidst Price Downtrend

Recent data indicate that Bitcoin’s mining hashrate has plunged to its lowest point since early March. This trend raises important questions for both current and prospective miners about the profitability of Bitcoin. An analyst from CryptoQuant highlighted that the current state of miner distress has resulted in the liquidation of accumulated rewards. Discover the latest

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.