8 Traits That Will Form Bitcoin Mining in 2022

With competitors ramping up subsequent 12 months, some miners will begin to really feel the margin squeeze, resulting in potential for elevated mergers and acquisitions. “I believe there’s going to come back a time, within the not too distant future, the place there are corporations which have raised cash, have machines on order and haven’t deployed them but which might be in a money crunch,” stated Fred Thiel, CEO of Marathon Digital, one of many largest publicly traded bitcoin miners.

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