BTC mining profitability in free fall, noise complaints rise

Quick Summary:

BTC miners continue to face challenges, with their mining profitability on a downward trend, exacerbated by natural disasters, a possible wider war and the growing noise protests from communities.

The post BTC mining profitability in free fall, noise complaints rise appeared first on CoinGeek.

Down in Arkansas, the NewRays mining firm has filed a federal suit against local officials in Faulkner County for pursuing an unjust prosecution to shut down its local mining operation.

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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaChinaNorway

Topics: BTC Securities and Exchange Commission Block reward mining Tech United States Howey Test

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 12:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1998 words

Reading Time: 12 minutes read

Sentences: 62 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 22849775

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