Examining Energy’s Impact on Bitcoin Pricing
June 08, 2023 at 08:00 AM EDT
Bitcoin mining is a notoriously energy-intensive endeavor and that puts plenty of regulatory and environmentalist eyeballs on the industry. As if those issues aren’t enough, bitcoin miners contend with elevated energy costs. That can crimp bitcoin pricing — and their bottom lines. For a Bitcoin miner to be profitable, the price of the mined cryptocurrency [...] The post Examining Energy’s Impact on Bitcoin Pricing appeared first on ETF Trends .