BTC Prices Below $8K Could Spell Disaster for Bitcoin Miners

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BTC Prices Below $8K Not Good for Some MinersAccording to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at […]

The post BTC Prices Below $8K Could Spell Disaster for Bitcoin Miners appeared first on Bitcoin News.

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