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The BTC mining market in December is a bit cold. The next round of difficulty retargeting is set for the 11th, and it is expected to rise again, but the computing power price is quickly falling to historical lows. This is not good news for miners — higher mining difficulty means fewer coins produced for the same computing power, while the drop in computing power prices directly compresses profit margins. At this point in time, miners' profitability is facing a double squeeze, and many small and medium-sized mining farms are likely going to need to recalculate their accounts.

BTC0.81%
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OnlyUpOnlyvip
· 21h ago
Difficulty rises while prices fall, the miners are really amazing, it's indeed time to close all positions on a batch of machines.
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ForkPrincevip
· 22h ago
The difficulty is going to rise, the computing power price is still falling, and miners are really struggling this time.
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just_vibin_onchainvip
· 12-01 12:25
The difficulty is rising while the computing power price is falling, the miners are truly caught in a bind.
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PoetryOnChainvip
· 12-01 06:51
The difficulty rises while the price falls, this is digging a pit for the miners.
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BasementAlchemistvip
· 12-01 06:50
The difficulty is rising while the computing power price is falling, isn't this just for the miners?
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ForeverBuyingDipsvip
· 12-01 06:48
The difficulty is about to rise again... This time it's really a bit uncomfortable, the computing power price is still falling, and small and medium miners are probably going to prepare to cut loss.
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BridgeNomadvip
· 12-01 06:36
difficulty spike incoming + hashrate crashing = miners getting liquidated, seen this movie before during the 2018 bear. risk-adjusted returns looking brutal rn ngl
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