Hut 8 Bleeds Red as Bitcoin Halving Hammers Miner Profits
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Another quarter, another casualty of Bitcoin’s ruthless supply squeeze. Hut 8 just flipped from black ink to red—proof that even the sharpest operators get squeezed when block rewards get cut in half.
Mining margins got crushed? Shocking. Maybe they should’ve hedged like those Wall Street suits who still don’t understand SHA-256 hashing.
Here’s the real question: When the halving pain hits this hard, who’s got the reserves to survive until the next bull run?
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