Bitcoin miners are losing money minting coins. It’s the same problem that killed the penny.

For many bitcoin miners, it has cost more in recent months to produce a bitcoin than the coin can be sold for, leading them to stop operating some machines and to sell more bitcoin holdings to raise cash.

​For many bitcoin miners, it has cost more in recent months to produce a bitcoin than the coin can be sold for, leading them to stop operating some machines and to sell more bitcoin holdings to raise cash. 
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