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Will Bitcoin’s recent performance salvage Kazakhstan’s mining situation
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ambcrypto.comWhile most of the Bitcoin market was flourishing until the last 2 days, when BTC dropped by 8.06%, we forgot to check up on the miners.
Turns out, the miners’ behavior did not change much but the overall image of the miner market has changed. The exit and entry of different kinds of miners appear to be interesting.
The rising bullishness observed from mining companies such as Marathon and Riot is indicative that corporations are looking to dominate the mining industry slowly but surely. Their increased profits are pushing them to further their efforts and have a firmer grip going ahead.
Combined these two companies mined almost 750 BTC worth $46 million, just this month. And they further plan to expand their operations by over 526% and 461%
Read more on ambcrypto.comAbout this in other media
Bitcoin price in classic 'Bull Pennant' breakout as BTC whales go on buying spree cointelegraph.com /3 years ago
Kazakhstan Senate approves legislation regulating crypto service providers cointelegraph.com /3 years ago
Argo Blockchain's Texas mining facility could cost up to $2B cointelegraph.com /3 years ago
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