Bitcoin Hashrate Skyrockets: Mining Profits Squeezed?

Bitcoin mining just hit warp speed! Hashrate soared to a record high, signaling intense competition and major investments in faster machines. While mining stocks skyrocketed, especially TeraWulf, actual miner profitability dipped slightly as Bitcoin's price slid. Is this the calm before the next crypto storm, or just a temporary blip for Bitcoin miners? Hosted on Acast. See acast.com/privacy for more information.