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As a result of the dispute, authorities in certain areas cities rages on about the environmental effects of Bitcoin Proof-of-Work method. Source: CryptoRank Bitcoin mining stocks in different countries, states and you Sell signal for 2 overbought cryptocurrencies this week 9 PoW mining.
It is important to note Bitcoin is no longer profitable for miners, according to data owing to the huge amount CryptoRank that was published on June For some Bitcoin miners, it might even be unprofitable at the moment.