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Antminer

205, 2019

Bitcoin mining – back in (the) black

|2 May 2019|News|

At the bottom of the late 2018 crypto bear market, the price of bitcoin dropped below the $4,500 threshold at which most miners are no longer profitable. A number of bitcoin mining operations were forced to turn off their machines creating an existential threat to the bitcoin network. In April, market sentiment improved as bitcoin roared back to $5,000, and now Bitfury has announced a new bitcoin mining fund. Is bitcoin mining back?

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