Two longtime crypto miners told Insider how the community is cutting costs during a brutal sell-off. Anusak Laowilas/Getty Images
Hobbyist crypto miners are having to get creative to survive a brutal sell-off.
Electricity costs are also rising across the US, further squeezing these individuals.
Two longtime miners told Insider how the community is coping this crypto winter.
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This brutal crypto winter has already claimed billion-dollar companies as victims — but it's also making life much tougher for fans who mine bitcoin from their spare room or garage.
These hobbyists, who would typically use GPU rigs to pull in hundreds of dollars worth of cryptocurrency a month, have seen their profits plummet and their costs surge in a hellish 2022.
Chris Vega and Michael Carter, who between them have two decades of experience mining bitcoin and advising others, told Insider how the US community is coping.
"It's easier for at-home miners...
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