Mining Economics Getting Tough
Crypto Lifestyle
2
Posts
2
Posters
4
Views
-

Bitcoin mining just keeps getting more expensive.
Rising hashrate → more computing power needed
Energy costs ↑
Rewards ↓
In fact, Tether recently shut down its Uruguay mining operation due to high energy prices.
The message is clear: miners who fail to innovate with renewables or efficiency may be left behind.
-
Rising costs are forcing miners to focus on efficiency.