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Bitcoin Miners Fail To Make A Profit Despite Surge In Revenue

October 10, 2018
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Bitcoin Miners Fail To Make A Profit Despite Surge In Revenue

October 10, 2018
Bitcoin miners have around $4.7 billion in revenue in 2018 — but because of the cost of electricity, miners are failing to make a profit. TheNextWeb, citing blockchain research firm Diar, reported that based on the data, this marks the first time cryptocurrency mining businesses aren’t making money off their bitcoin mining efforts. According to the […]