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by: xpoolPosted on: April 22, 2025

Bitcoin Miners Face Double Blow of Equipment Costs and ETF Competition, Report Finds

New research from Bitwise reveals that U.S. Bitcoin miners are facing a double whammy: rising equipment costs due to tariffs and increasing competition from products like Exchange-Traded Funds (ETFs). The report highlights the impact these challenges have on miners’ profitability and funding opportunities.

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