If Bitcoin miners have bottomed, then it's likely Bitcoin's price low may be in as well.
Hostile takeover bid resolved and $DGHI chart added to the weekly updates
But miner profitability remains a concern for now
Strong rallies need pullbacks along the way.
Many miners have rallied significantly over the past few weeks.
Miners Navigate Energy Costs, Regulatory Hurdles, and Tech Innovation
September saw the lowest Bitcoin mining revenue of 2024.
Misappropriation of intellectual property and aftermath of natural disasters.
August was the lowest revenue-generating month in the last 11 months
Should small miners exit now?