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Struggling Bitcoin Miners Face Dire Hashprice Plunge: Is Profitability Vanishing?

BitcoinWorld LogoBitcoinWorld6d ago

Struggling Bitcoin Miners Face Dire Hashprice Plunge: Is Profitability Vanishing? - BitcoinWorld

Quick Summary:

While Bitcoin prices have shown resilience, a critical metric that directly impacts miner revenue – hashprice – has plummeted to levels not seen in five years.

The world of Bitcoin miners is facing a significant shake-up.

This alarming drop is squeezing profit margins and pushing many miners dangerously close to their breakeven points.


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Struggling Bitcoin Miners Face Dire Hashprice Plunge: Is Profitability Vanishing? - BitcoinWorld (Picture 1)

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 07:30:09 (6 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 646 words

Reading Time: 4 minutes read

Sentences: 42 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 28092673

View Article Analysis

About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Year Established: 2020

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Struggling Bitcoin Miners Face Dire Hashprice Plunge: Is Profitability Vanishing?" has 646 words across 42 sentences, which will take approximately 3 - 6 minutes for the average person to read.

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The story "Struggling Bitcoin Miners Face Dire Hashprice Plunge: Is Profitability Vanishing?" was covered 6 days ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 0 news stories per day.

It's most recent story was published 1 days ago.

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  • News ID: #28092673
  • URL: https://tessjds.beamstart.com/news/struggling-bitcoin-miners-face-dire-17452214426949

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