Market Volatility? No Problem—Bitcoin Miners Still Earn $3.40 Million This Week
Submitted by Anonymous (not verified) on Thu, 08/29/2024 - 15:50For many operators, high market volatility has turned Bitcoin mining into a real rollercoaster.
For many operators, high market volatility has turned Bitcoin mining into a real rollercoaster.


Bitcoin has recently seen a notable decline
The Bitcoin price had struggled to regain its bullish momentum after a sharp decline earlier this month, when it plunged to $49,000.
Bitcoin is steady at press time but is under immense selling pressure after the liquidation of August 27.

Data shows that the crypto derivatives market has seen a large number of liquidations in the past day as Bitcoin has crashed to $59,000.
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