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Bitcoin Miner Profitability Could Double After Record Drop in Network Difficulty

Mining economics have improved significantly, according to one analyst.

By Frances Yue
Updated Sep 14, 2021, 1:21 p.m. Published Jul 6, 2021, 9:31 p.m.
Technicians exit a cooling chamber adjacent to a wall of bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China.
Technicians exit a cooling chamber adjacent to a wall of bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China.