Bitcoin Mining Companies Switching to Other Coins Amid Rising Cost of Operations: CryptoQuant CEO
June 30 2024 - 10:30AM
The Daily Hodl
Bitcoin (BTC) miners are reportedly hedging against the recent
downturn in prices by mining other cryptocurrencies, according to
the CEO of CryptoQuant. Ki Young Ju says that Bitcoin’s hashprice
is now at an all-time low, potentially causing a slowdown in
investments for mining companies and prompting them to look to
other, cheaper proof-of-work (PoW) coins […]
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Bitcoin Mining Companies Switching to Other Coins Amid Rising Cost
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