Łukasz SiwekDec 17, 2021 · 3 years ago2 answers How does a 50 basis point increase affect the profitability of cryptocurrency mining?
I would like to know how a 50 basis point increase affects the profitability of cryptocurrency mining. Specifically, I am interested in understanding how this increase in costs impacts the overall profitability of mining operations. Can you explain the relationship between the increase in costs and the profitability of mining? Are there any strategies that miners can employ to mitigate the negative effects of such an increase?