Bitcoin Mining Rigs Chalk Up Losses as BTC Slumps to $54K


Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.

Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.

Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.

AccessTimeIconJul 5, 2024, 6:22 AM

Updated Jul 5, 2024, 6:24 AM

ASIC Miners (Sandali Handagama/CoinDesk)



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