Big news in the world of Bitcoin! Bitcoin's price has been going down, and that's making things tough for the companies that mine Bitcoin. These companies use powerful computers to create new Bitcoins, but it costs a lot of money to do this.
- Bitcoin's price dropped about 10% recently.
- Companies that mine Bitcoin are making less money.
- Higher electricity costs are also a problem for miners.
- Some miners are trying to use their computers for other things, like artificial intelligence (AI).
Fact | Number |
---|---|
Bitcoin's current price (approximately) | $87,300 |
Percentage drop in Bitcoin price (30 days) | 10% |
Dollar loss for top US miners in February | $6 Billion |
Estimated daily revenue per miner (February) | $54,300 |