As Bitcoin dips past levels not seen in months or years, it's becoming an increasingly uncomfortable ride for the peopl…
From @futurism on Instagram — 1.2M followers · See full profile →
As Bitcoin dips past levels not seen in months or years, it's becoming an increasingly uncomfortable ride for the people who own it. But it's especially painful for those who mine it. As prices continue to plummet and electricity costs climb, large-scale computing companies are starting to unplug their equipment, @bloomberg reports. The hash price index, which is used to determine how much revenue miners can make by mining crypto, reached its lowest point on record this week, according to…