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State of Bitcoin Mining: H1 2022

State of Bitcoin Mining: H1 2022

June 22, 2022, 1:40PM EDT Quick Take Bitcoin’s hashprice has reached the lowest point since summer 2020 amid recent market tumble. Although the network’s hashrate has decreased over the past week, it is still up 11.3% year-to-date. Mid-tier ASIC miners launched in 2019 are now struggling to produce meaningful profits at a global average energy rate.








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