๐ŸŒŸ Best of luck to both the newbies and veterans in the bear market!

 

247 Bitcoin

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Bitcoin price possesses a significant influence over the prices of mining rigs. There were brave miners who took advantage of the recent market conditions during the sell-off in Bitcoin price, leading to a decline in ASIC prices.

The tough capital market conditions and the difficulty in securing power purchase agreements by miners lead to an excess supply of ASICs in the market. The situation will get worse if Bitcoin price continues to drop.

Copied that from ๐ŸŸf2pool weekly report and the price of Bitcoin is still crashing today.

Panicking waiting for the bottom. ๐Ÿฅบ

submitted by /u/YeemaPoli
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247 Bitcoin

Bitcoin & Crypto & NFT News

247 Bitcoin -1 Bitcoins -247 BTC - 1 Crypto - Kryptous

1 News - 247 News -ย 1 Search - 1 eBooks

 

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