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Home BlockchainBitcoin Mining Profits Hit 14-Month Low After Winter Storm Rocks Miners: CryptoQuant
Blockchain

Bitcoin Mining Profits Hit 14-Month Low After Winter Storm Rocks Miners: CryptoQuant

by Vivek Kumar
written by Vivek Kumar 0 comments
Bitcoin Mining Profits Hit 14-Month Low After Winter Storm Rocks Miners: CryptoQuant

In brief

  • The Bitcoin mining profit/loss sustainability index hit a 14-month low, according to CryptoQuant.
  • The metric measures the price of Bitcoin versus the profitability of running a Bitcoin mining operation.
  • Shares of publicly traded BTC miners have fallen by double digits this week.

Bitcoin miners are struggling to eke out a profit lately amid the asset’s falling price and external complications, including a winter storm that rocked a large chunk of the United States last weekend, impacting…

Crypto news writer decoding markets, on-chain data, and regulation, delivering sharp analysis, timely insights, and clear narratives that help readers navigate volatility with confidence globally.

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