Margins

Bitcoin miners are still generating healthy profits, despite the sharp selloff in crypto prices and an increase in the network hashrate, Wall Street investment firm D.A. Davidson’s analyst wrote on Tuesday.“Since the late-October peak, hash price ($/TH/day) has fallen from over $0.40 to just $0.22 today yet gross margins remain quite healthy, around 85% down from 91% at peak,” … [Read more...] about Bitcoin Miners’ Margins Are Still ‘Quite Healthy’ Even After Recent Selloff: D.A. Davidson