Crypto Mining Woes
Crypto miners worldwide are turning off their computers as the cost of mining rises and the value of bitcoin falls.
Welcome to The Daily Forkast – December 9, 2022 – presented by Joel Flynn.
It’s been a difficult year for the crypto market, but the mining industry in particular has taken a massive hit. The bitcoin network hash-rate has risen despite the slump in bitcoin prices, while energy prices are soaring worldwide.
We’ll be taking a closer look at the hit the mining industry has taken in this episode.