With the current mining conditions, many miners are facing profitability challenges. Here’s a quick breakdown of where Bitcoin’s price needs to be for mining to break even:
Current Mining Profitability: 0.0439 USD/Day per 1 THash/s
Power Cost per Day: $12.05
Current Earnings: $4.83 per day (leading to a $7.22 loss per day at the current BTC price)
Break-Even BTC...
Bitcoin (BTC) remains a focal point for investors and traders due to its notable price volatility and significant market trends. Through detailed technical analysis and Fibonacci retracement levels, this analysis aims to predict potential breakout points and provide insights into future price movements.
Fibonacci Retracement Levels and Their...