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Bitcoin mining no longer profitable, analyst warns

Bitcoin mining revenue per terahash has cratered below 3 cents, rendering operations unprofitable for all but the most efficient miners, according to Rosenblatt Securities analyst Chris Brendler. With ...
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Michael Saylor loses $47 billion unrealized profit as Bitcoin dumps below strategy's cost basis

Strategy (NASDAQ:MSTR) is now $630 million underwater on its Bitcoin (CRYPTO:BTC) holdings, wiping out $47 billion in unrealized profits from just four months ago as Bitcoin plunged below the ...