
Bitcoin Miners Can No Longer Repay Loans
Miner capitulation continues: Profits are dwindling, more devices are being shut down, and hashrate is falling. This also affects the already ailing lending…
December 12, 2022
Miner capitulation continues: Profits are dwindling, more devices are being shut down, and hashrate is falling. This also affects the already ailing lending…
Core Scientific, the largest US miner, stops making payments to creditors. The company has divested its bitcoin reserves, the share price has fallen…
The protagonists of Bitcoin mining are often rightly regarded as the most optimistic structures in the network. Unlike holders or institutional investors,…