Is Bitcoin Mining Becoming an Energy and Infrastructure Business?

Bitcoin miners are having one of the most challenging cycles in crypto history due to lower block subsidies, thinner margins, and volatile hashprice. Recent BeInCrypto analysis showed Bitcoin’s ‘Electrical Cost’ floor sits near $48,694, while the realized price is around $54,000.   So, the profit margin is shrinking fast, while competition is intense across the The post Is Bitcoin Mining Becoming an Energy and Infrastructure Business? appeared first on BeInCrypto.