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After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in hash prices.

Running a business is no picnic, who would have guessed..

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All this information is known before hand. Miners had ample time to shore up their balance sheets to weather this. The most efficient ones will survive I guess.

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Its always like that for a little while after the halving.
But this halving should have given them a bit more breathing space because the price is still relatively high.

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