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

According 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 … Read more

The Bitcoin Misery Index: Finding An Entry Way With Sadness

This week the Wall Street analyst and Fundstrat executive, Tom Lee, has revealed a new index that helps cryptocurrency investors know the right time to buy BTC. The indicator is called the ‘Bitcoin Misery Index’ that calculates multiple market factors. Also read: Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US? The ‘Bitcoin … Read more