On this Long Reads Sunday, NLW reads:

The worst of Bitcoin mining in 2022 by Zack Voell 

What Will It Take for Bitcoin Mining Companies to Survive in 2023? By George Kaloudis 

Bitcoin Mining: A Positive or Negative Indicator for the Future of Crypto? By Daniel Kuhn 

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with today’s editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Image credit: Yuichiro Chino/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.