CoinShares says up to 20% of Bitcoin miners are unprofitable

CoinShares says up to 20% of Bitcoin miners may be unprofitable at current hashprice levels, particularly those running older machines or paying higher power costs.

source https://cointelegraph.com/news/bitcoin-mining-squeeze-narrows-field-of-viable-operators-coinshares?utm_source=rss_feed&utm_medium=rss_tag_bitcoin&utm_campaign=rss_partner_inbound