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Bitcoin: Stratospheric Margins For Miners

Bitcoin now exceeds $105,000, and the miners of this leading crypto are celebrating astronomical profits. This bull run, coupled with the halving in April 2024, has not cooled their ardor despite fierce competition. Faced with growing network difficulty and significant energy costs, the miners demonstrate a resilience and inventiveness that redefine the rules of the game. Let’s explore their strategy and perspectives in this bubbling context.