Bitcoins Falling Price Puts Miners on Edge

In brief

• The falling price of Bitcoin is at risk of making Bitcoin mining unprofitable in the United States, depending on energy rates.
• Other countries also face a situation where the cost of mining one Bitcoin is more than that Bitcoin is worth, although some major Bitcoin mining territories—including Paraguay—continue to benefit from relatively cheap energy.
• Experts say that, without substantial price increases, the next Bitcoin halving could put significant strain on miners.