The effect of the crisis that Bitcoin miners have been experiencing for a while continues. Miners underline the need to be careful as a cryptocurrency mining investor, expressing that there are decreases in the profitability figures in the process they experience with regard to the profit to be obtained and the effect of the decreases continues. It is stated that the profitability figures that Bitcoin miners have achieved for a while continue to decrease, that the decrease in these profitability figures affects the entire sector, but Bitcoin miners are affected at least. It is also stated by crypto currency miners that it is effective in reductions in earnings and profitability rates, and that the biggest effect of these decreases is due to the poor performance of cryptocurrency mining itself.
Why are miners in a difficult situation?
The reasons why Bitcoin miners are in a difficult situation;
- Increased energy costs
- Increased prices of equipment malfunctions and spare parts
- Decreased income from excavation (Bitcoin because the price of . it can change. The biggest reason behind this is the problems in the excavation area.