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Cryptopolitan 2023-06-02 07:34:18

Bitcoin mining companies expand operations amid profitability crisis

Recent announcements reveal that some Bitcoin mining companies have defied the 44% decline in mining profitability over the past year and continued to build and increase their production capabilities. CleanSpark, an American Bitcoin mining firm, recently made headlines by purchasing 12,500 brand-new Antminer S19 XP units for $40.5 million. The acquisition, priced at $23 per ... Read more

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