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Bitcoin miners near breakeven as network reacts more sharply to price swings: JPMorgan
A growing share of miners are operating near breakeven levels, making hashrate and mining difficulty increasingly responsive to bitcoin's price movements, the bank said.
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bitcoinmagazine.com
JPMorgan: Bitcoin Mining Costs Have 'Worsened' As BTC Trades Below Production Cost
JPMorgan says Bitcoin mining economics have deteriorated as BTC trades about 19% below its estimated $78,000 production cost, forcing public miners into record coin sales and…
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news.bitcoin.com
JPMorgan Says 20% of Miners Operating at a Loss as Bitcoin Trades Below Production Cost
JPMorgan analysts say BTC has traded below estimated production cost for 5 months, pushing about 20% of miners into unprofitable territory.
