![Bitcoin Mining Crisis: Only Five Rigs Still Profitable Amid Price Drop](/content/images/size/w500/2024/07/08072024cover.png)
Bitcoin Mining Crisis: Only Five Rigs Still Profitable Amid Price Drop
Only five mining rigs remain profitable as Bitcoin prices fall below $58,000, according to F2Pool. Miners must continually sell their Bitcoin rewards to maintain operations and face significant stress during a market downturn. Proposals are emerging for a new 'HODL_...