In this video: While everyone’s busy speculating about whether Strategy will sell, a quieter storm is brewing in the Bitcoin mining world. Rising operational costs and the recent tumble in BTC’s price are putting miners in a tight spot, and some of the biggest players could be the first to dump their BTC.
Already, a number of mining companies are pivoting toward AI, hinting that they might not see crypto mining as a sustainable long-term play. But just how bad is it? Today, we’re taking a close look at the Bitcoin mining industry, giving you a clear picture of what’s going on, and whether you should worry. Video by Coin Bureau.
Traders, as opposed to investors, are those who’d prefer to make use of leverage and derivatives to go long or short on various markets with the aim of making a profit.
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