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CoinOtag 2024-07-05 11:32:37

F2Pool: Bitcoin (BTC) Plunge to $53K Leaves Only Five Mining Facilities Profitable

Bitcoin (BTC) recently plunged to around $53,000, creating a challenging environment for cryptocurrency miners. Only five mining operations remain profitable in this scenario, according to data from industry giant F2Pool. “The profitability of Bitcoin mining operations has been significantly impacted by the recent price drop,” reports F2Pool. The recent decline in Bitcoin prices to $53,000

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