SLP389 Daniel Frumkin & Jaran Mellerud - Bitcoin Mining Market Analysis
Stephan Livera Podcast
00:00
Mining at a Small Scale - Is There Any Profit Margin Left?
A coin metric did another or maybe a day or two ago, where they they wooked at the energy prices of the top ten states in the us. And i think nine out of ten, or at least eight out of ten,. energy prices had gone up significantly in the last six months. So if these miners, these retail miners, don't have long term p p as, then they're now looking at paying more for their electricity. They're probably looking at if they have any profit margin left at all. It's getting pretty slim, except for the ones who have purchased the newest jen hardware to mine bitcoin.
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