⚡️Cryptocurrency and Blockchain News!⚡️

📌 Rhodium Enterprises has filed for bankruptcy in the Southern District of Texas. The company, which has debts of $50 to $100 million, was unable to cope with financial difficulties after the last Bitcoin halving.

📉 A decrease in miners' income and rising electricity prices caused the crisis. In July, Rhodium was unable to repay loans in the amount of $54 million.

🔍 CryptoQuant analysts note that large miners are switching to more energy-efficient equipment and returning to the market. The price of Bitcoin is expected to rise to $70,000 by the end of the year.

💬 What do you think about the future of cryptocurrency mining? Share your opinions in the comments! 👇