Running a bitcoin mining operation is becoming a losing proposition Bloomberg/Getty
BITCOIN investors have had a hell of a ride this year. If you had bought one of the digital tokens last December, it would have cost you nearly $20,000. As Â鶹´«Ã½ went to press, that coin was now worth around $3300 – and still falling. Ouch.
Of course, the cryptocurrency has seen plenty of ups and downs in its 10-year history, but this bust looks bad. In fact, falling prices could derail the entire thing.
That’s because as the value of bitcoin goes down, it becomes uneconomical…
