How do changes in USD interest rates affect the profitability of cryptocurrency mining?
Abhijit SutarMay 11, 2022 · 3 years ago1 answers
What is the impact of changes in USD interest rates on the profitability of cryptocurrency mining?
1 answers
- May 11, 2022 · 3 years agoAt BYDFi, we closely monitor changes in USD interest rates and their potential impact on cryptocurrency mining profitability. While interest rates are just one factor among many, they can provide valuable insights into the overall market conditions and help inform our mining strategies. It's important for miners to stay informed about these changes and adapt their operations accordingly to maintain profitability.
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