Bitcoin mining firms keep building despite BTC mining profitability slump

by Aurelia Butler 2 June 2023, 08:40 129 Views

On June 1, American Bitcoin mining firm CleanSpark announced that it had purchased 12,500 brand-new Antminer S19 XP (NASDAQ:XP) units for $40.5 million. The deal worked out at $23 per terahash per second (TH/s), which is lower than the average market price.

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Source: Cryptocurrency - investing.com

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Bitcoin mining firms keep building despite BTC mining profitability slump

Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin

Qatar slammed for not taking enough action against crypto companies

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