Leading miners sell Bitcoin as market plunges

The decline in Bitcoin (BTC) price has changed the course of the crypto industry. Companies are either shutting down Bitcoin mining operations or pivoting to artificial intelligence (AI). Bitcoin mining is the process of using specialized computing hardware to solve complex cryptographic puzzles to verify and add blocks containing BTC transactions to the chain. In return, miners receive rewards in the form of newly minted BTC. Once a profitable enterprise, Bitcoin mining is now finding fewer players due ...