The post Bitcoin and Ethereum Miners Struggle to Remain in Profit ! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
With rising energy costs and cryptocurrency prices declining, bitcoin miners are finding it difficult to remain profitable, putting several significant businesses in danger of going out of business. As mining profitability declines, bitcoin miners, a majority chunk of the token’s owners—are expected to sell more of their holdings. According to Bitinfo data, the average mining …