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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis…
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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis…
![Sub-K Bitcoin price puts BTC miner profits under pressure as hash rate soars Sub-K Bitcoin price puts BTC miner profits under pressure as hash rate soars](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvODEyNDAwMTEtN2YxYy00NzUxLWEwZDAtOTI5NGM0MjgxNmY2LmpwZw==.jpg)
October witnessed a surge in Bitcoin’s hash rate, which is pushing the metric to a new high of 245 exahashes per second. These changes led to a sharp decrease in the hashprice, resulting in…
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![Bitcoin miner profitability under threat as hash rate hits new all-time high Bitcoin miner profitability under threat as hash rate hits new all-time high](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvZGY1ZDQ5MDYtMzI3Zi00YzNlLWE3ZmItOTE3OWMwN2MwYmQzLmpwZw==.jpg)
The Bitcoin hash rate hit a new all-time high above 245 exahashes per second on Oct. 3, but at the same time, Bitcoin (BTC) miner profitability is near the lowest levels on record. …
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