> Miners who aren't profitable now weren't profitable two years ago, one year ago, etc.

it isn't a true statement

jk_14

but the drop in revenue is evident after the halvin

Price did a 4x over the last two years. Miners who aren't profitable now weren't profitable two years ago, one year ago, etc. Miners who can't deal with something they knew would happen should probably get into a different business.

bitcoin

Bitcoin miners sink millions into AI businesses, seeking billions in return

siggy47

> but the drop in revenue is evident after the halvin

Price did a 4x over the last two years. Miners who aren't profitable now weren't profitable two years ago, one year ago, etc. Miners who can't deal with something they knew would happen should probably get into a different business.