Rising Electricity Prices, Falling Bitcoin Prices - How Long Can BTC Miners Hang

6/10/2022, 07:46 PM
Rising Electricity Prices, Falling Bitcoin Prices - How Long Can BTC Miners Hang
Bitcoin's Hashrate Remains Stable Despite Falling Prices Despite the bear market, Bitcoin's hashrate has remained stable or even increased slightly. This raises the question of how long miners can keep their operations running at such low BTC prices. In this episode of the BTC Echo Recap Podcast, Sven and David take a look at the economic reality of mining and the relationship between hashrate, electricity price and Bitcoin price.
PayPal Opens Up to Bitcoin Most people are aware that PayPal is no stranger to Bitcoin, Ether and the like. Until now, users in the US and UK have been able to buy BTC and other cryptocurrencies through PayPal and even use them to pay. However, the payment service is now even approving withdrawals. This means that in future, it will be possible to transfer BTC from a PayPal account to other wallets. This shows that the company is open to the BTC spirit of "not your keys; not your coins".