Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars


$ 87,092.9
€ 80,507.0
¥ 38,800.0
£ 67,251.3
BTC
-0.28 %
$ 2,059.53
€ 1,904.25
¥ 917.58
£ 1,591.50
ETH
-1.17 %
$ 223.73
€ 206.78
¥ 99.83
£ 172.79
XMR
2.57 %
$ 93.10
€ 86.06
¥ 41.48
£ 71.91
LTC
-0.14 %

Soaring hash rate, high electricity costs and BTC price hovering under $20,000 for months is complicating matters for Bitcoin miners.