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As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool

Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.

Updated Jul 5, 2024, 6:24 a.m. Published Jul 5, 2024, 6:22 a.m.
ASIC Miners (Sandali Handagama/CoinDesk)
ASIC Miners (Sandali Handagama/CoinDesk)