30-09-2022 01:00 via newsbtc.com

Why Most Public Bitcoin Miners Have Performed Terribly In Their Lifetimes

Bitcoin public mining companies have been struggling along with the rest of the crypto market. With the decline in the price of bitcoin, these companies had seen their cash flow decline, driving come to the brink of bankruptcy. However, while it seemed like the losses that public BTC miners have incurred have happened in the bear market run, it goes back even father back.
Bitcoin Miners Are Barely Profitable
Public bitcoin miners, both large and small, had grown in popularity over the last year.
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