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Bitcoin miners are losing money minting coins. It’s the same problem that killed the penny.
Bearish
-76.1
−100 Bearish
0
+100 Bullish
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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Sentiment Signal
Bearish
-76.1
−100Neutral+100
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