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coinpedia 2023-06-23 14:11:18

Survival of Bitcoin Miners Hinges on Low Power Costs and Sustainable Energy Sources, JPMorgan Warns

The post Survival of Bitcoin Miners Hinges on Low Power Costs and Sustainable Energy Sources, JPMorgan Warns appeared first on Coinpedia Fintech News In a research report released on Thursday, JPMorgan stated that Bitcoin (BTC) miners who have access to inexpensive electricity and utilize a sustainable energy mix are more likely to thrive in the increasingly competitive landscape. The report emphasizes that electricity costs are a key factor in mining expenses and highlights miners’ efforts to find cost-effective …

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