Monday, November 4, 2024
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First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish

Even as bitcoin prices languish below $10,000, North American cryptocurrency mining companies are tapping into a flurry of fresh financing from investors to pay for new equipment upgrades, bolstering the blockchain network’s resilience and reducing its reliance on Chinese operators.   More than $1 billion of new bitcoin-mining computers will be purchased

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