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Home Crypto Market Bitcoin Price Analysis F2Pool Predicts Bitcoin Mining “Shutdown Price”

F2Pool Predicts Bitcoin Mining “Shutdown Price”

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If the bitcoin price drops further, mining may become largely unprofitable. But the Bitcoin hash rate continues to trend upward.

This article was originally published by 8btc and written by Lylian Teng.

Amid the recent bitcoin price crash, Mao Shixing, founder of F2Pool, currently the world’s largest bitcoin mining pool, published a list of the “shutdown price,” below which cryptocurrency mining machines have to be shut down due to lack of profitability.




Source:
NewsBTC

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