Bitcoin Miners Feel the Squeeze as Hashrate Surge Eats Profits
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Network security climbs—but at what cost? April’s rising hashrate slammed mining margins, turning the crypto gold rush into a game of survival of the fittest (or best-funded).
Wall Street analysts shrug while rig operators sweat. Another day in the volatile world of proof-of-work economics—where the only guaranteed winners are the electricity companies.
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