By Ed Zwirn of the New York Post
To add to the misery to bitcoin enthusiasts, the act of finding or “mining” the cryptocurrency has become unprofitable as the price continues to crater. This raises further questions about the viability of the accounting system supporting the cryptocurrency.
The volatile asset is now fetching under $3,200, off more than 84 percent from the highs seen during its “tulip mania” phase of a year ago.
Is this the end for Bitcoin?