1. The price of the most efficient bitcoin mining rig has risen by 9% in the past two months. The rise in bitcoin prices comes as miners are finally seeing electricity prices plummet — essentially reversing a trend that squeezed their margins and caused some to go bankrupt last year. It’s becoming easier for companies to raise equity capital, allowing them to deleverage.(The Block)
Global Crypto Mining News (Mar 20 to Mar 26)
Global Crypto Mining News (Mar 20 to Mar 26)
Global Crypto Mining News (Mar 20 to Mar 26)
1. The price of the most efficient bitcoin mining rig has risen by 9% in the past two months. The rise in bitcoin prices comes as miners are finally seeing electricity prices plummet — essentially reversing a trend that squeezed their margins and caused some to go bankrupt last year. It’s becoming easier for companies to raise equity capital, allowing them to deleverage.(The Block)