Big changes are happening in the world of Bitcoin! Recently, the price of Bitcoin went down because of worries about the economy. This made it hard for Bitcoin miners, the people who create new Bitcoins.
Miners need money to pay their bills, so some had to sell their Bitcoins to cover costs. This made the price go down even more. It's like if everyone tried to sell their toys at once – the price would drop!
But not all miners are in trouble. Some have newer, better machines that still make money even when the price of Bitcoin is low.
- Bitcoin's price dropped because of worries about the economy.
- Some Bitcoin miners sold their Bitcoins to pay bills.
- This made the price of Bitcoin fall further.
- Miners with newer machines are still making money.
| Fact | Number |
|---|---|
| Bitcoin's price briefly dropped to | $77,000 |
| Bitcoin's price dropped by | more than 11% |
| Mining difficulty increased by | 3% |
| Antminer S21 Pro's estimated APY | 35% |
