Bitcoin Mining Companies Proceed to Develop Regardless of Sluggish BTC Mining Profitability

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Regardless of a 44% lower (BTCSome bitcoin mining corporations proceed to construct and enhance manufacturing, in line with latest bulletins, as mining profitability improved within the final yr.

On June 1, American Bitcoin mining firm CleanSpark introduced The corporate introduced it has bought 12,500 new Antminer S19 XP (NASDAQ:) items for $40.5 million. The deal closed at $23 per terahash per second (TH/s), which is under the typical market value.

Bitcoin hash value over the previous yr.Supply: Hashrate Index

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