Bitcoin Miners’ Margins Are Still ‘Quite Healthy’ Even After Recent Sell-off: D.A. Davidson
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Bitcoin miners are still generating healthy profits, despite the sharp sell-off in crypto prices and an increase in the network hashrate, Wall Street investment firm D.A. Davidson’s analyst wrote on Tuesday. “Since the late-October peak, hash price ($/TH/day) has fallen from over $0.40 to just $0.22 today yet gross margins remain quite healthy, around 85% […]
Cryptocurrency
