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Miners have announced that older generation miners have reached shutdown prices

Bitcoin's price is currently digging for gold, having fallen from highs above $120,000 to around $96,000, and it has triggered a sharp downturn in the mining sector, with revenues plunging to April levels after a sudden $7,000 drop in BTC's value. According to a popular Chinese BTC miner on X, the previous generation of Bitcoin [...]

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