As the price of Bitcoin continues its steep correction in 2018, Bitcoin miners find themselves fighting over scraps.
Hunger Games
The price of Bitcoin has fallen roughly 70% from its all-time high of nearly $ 20,000 in mid-December. Early Tuesday morning, the price of one Bitcoin nearly touched $ 6,000, before bouncing back to $ 7000.
While this sharp decline in price potentially signals a buying opportunity for some savvy investors looking to grab some of the dominant cryptocurrency at a steep discount, Bitcoin miners are left feeling the pain.
