What Bitcoin Miners Are Doing to Survive the Bear Market

By Stacy Elliott

Cryptocurrency miners have a lot of fixed costs, like power, real estate, and the souped-up computers, or rigs, that do the actual mining.

That’s why it can be hell for their margins when the market takes a nosedive and dramatically drops the value of whatever funds they were holding in crypto, such as Bitcoin

. And now that the crypto market is in what appears to be a prolonged bear market, miners are being forced to adjust.

Facebooktwittergoogle_plusredditmailby feather

Leave a Reply