Mining business is very tough, that's nothing surprising. When combined with the massive electricity costs, the fluctuations in BTC's rise and fall cause income to vary throughout the year. A bad quarter doesn't change the long-term outlook, but it clearly shows how cyclical this sector is.



Recent Cointelegraph news highlights this reality. Every quarter presents a new challenge for miners. Bitcoin is currently trading at $77,850, but this price could change tomorrow. Energy costs remain fixed, but revenue is unpredictable. This is the natural cycle of mining.
BTC-0.29%
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