Data Shows Bitcoin Mining Bear Market Has Some Way To Go
The 2022 bear market is having a more extreme impact on BTC miners than previous downturns, especially with so many miners listed on the exchange struggling with their debts.
![Data shows the bear market for mining of Bitcoin has a way to go](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/adcc21dc-61c5-4b4f-a29e-2b7ae4cd9b7b.jpg)
![Data Shows Bitcoin Mining Bear Market Has Some Way To Go](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvYWRjYzIxZGMtNjFjNS00YjRmLWEyOWUtMmI3YWU0Y2Q5YjdiLmpwZw==.jpg?#)
The 2022 bear market is having a more extreme impact on BTC miners than previous downturns, especially with so many miners listed on the exchange struggling with their debts.
![Data shows the bear market for mining of Bitcoin has a way to go](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/adcc21dc-61c5-4b4f-a29e-2b7ae4cd9b7b.jpg)
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