According to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at a loss.
#Bitcoin #bitcoins #iota #bitcoinprice #bitcoinmining #bitcoinnews⠀
#bitcoinvalue #bitcoinminer #bitcointrading⠀
#bitcoinsallday #bitcoininvesting #bitcoinexchange #bitcoinbillionaire #memelord #Ethereum⠀
#passiveincome #income #finance #wallstreet#wallstreetbull #fxtrader #forextrader #forex #forexmarket #forexlife #cryptocurrency #cryptocurrencies #crypto #altcoins
@steemcleaners