ASIC financing has driven Bitcoin’s hashrate to all time highs in 2020. By consequence, Bitcoin is less proftiable to mine than ever.
Source: https://www.coindesk.com/asic-financing-driving-hashrate-bitcoin-mining-profitability
‘A Race Toward Zero’: With Hashrate in the Clouds, Bitcoin Mining Is Less Profitable Than Ever
October 27, 2020
CoinDesk
