Bitcoin miners eye critical $62,000 price level to maximize profits in Q3

CryptoSlate - 19 september 2024

Bitcoin miners eye critical $62,000 price level to maximize profits in Q3

Bitcoin miners could achieve GAAP accounting net profits this quarter if Bitcoin’s price holds above $62,000 by the end of the month. The Financial Accounting Standards Board requires miners to mark their Bitcoin holdings to market as of June 30, 2024, for Q2…

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