โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
Recently Bitcoin crashed to $60,000, below key support levels set by the previous cycle. This has put BTCโs price in the danger zone for Bitcoin miners, with many now operating at break-even and some even being forced to unplug.
Investors everywhere are asking questions about the future of Bitcoin mining. Is this the start of a death spiral in the bitcoin mining industry? Or, could this actually be the ultimate buy signal?
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Institutions and Bitcoin ๐
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โ๏ธ ๐ Useful Links ๐ โ๏ธ
โบ Bitcoin Hashrate Collapse:
โบ Bitcoin Green Energy:
โบ Miners On Edge:
โบ Pivot to AI:
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~ TIMESTAMPS ~
0:00 Intro
0:54 The Breakeven Crisis
3:37 The Great AI Migration
7:44 Bitcoinโs Hashrate and Difficulty Level
12:07 What This Means For The Bitcoin Network
15:12 Whatโs Next For Bitcoin Miners and BTCโs Price?
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๐ Disclaimer ๐
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#bitcoin #bitcoinmining #crypto
โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
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