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Bitcoin miners turn to renewable energy amid profit margin squeeze - Source: CoinTelegraph

SecureX Team
December 14, 20251 min read
Bitcoin miners turn to renewable energy amid profit margin squeeze
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Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators.

Hash price, which measures expected miner profitability per unit of computing power used to successfully add a block, is about $39.4 per petahash second per day (PH/s/day) at the time of this writing, according to mining data provider Hashrate Index. 

Story continues: https://cointelegraph.com/news/bitcoin-miners-renewable-energy-profit-squeeze

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