FTX Fallout Pushes Bitcoin Mining Revenue to All-Time Lows and Threatens More Firms with Bankruptcy – Forbes | Vette Leader

Bitcoin’s price drop is causing even more pain for miners getty What happened With Bitcoin’s price down 20% since news of FTX’s financial troubles broke on Nov. 6, Bitcoin miners are now earning less revenue than ever. This hit to bitcoin price is eroding margins as conditions for miners deteriorate in a year impacted by … Read more