Mining Profits Lowest In Years

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The Bitcoin Mining profits over the last couple days has disappeared since the halving has reduced the Mining Payouts. Without any compensation in price gains or volume, it will be a challenge for miners to maintain operations, and some smaller companies may be going out of business. Many analysts see too many companies heavily invested in Bitcoin for the coin to reduce its price any time soon, and some are predicting we are at the front of a bullish attitude, where Bitcoin may try and make a run for it!

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We eagerly look forward to see if the mining operations will improve based on market prices and volume, but current operations are not performing as well as previously, and the price of Bitcoin would have to double in price or drastically increase volume to make any large gains in the mines.

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