Acquisitions and Partnerships Fuel Bitcoin Mining Sector Expansion

Acquisitions and Partnerships Fuel Bitcoin Mining Sector Expansion

Consolidation is not uncommon in new, emerging industries and bitcoin mining is no exception. However, like all things bitcoin, it is moving at a somewhat faster pace than consolidation in traditional industries. The sector of the industry is becoming increasingly diverse and competitive as it responds to new challenges, accommodates enterprise-level customers and seeks to improve its existing services for bitcoin's frustrated hobby miners. For example, the relative stability of the price of bitcoin in recent months is prompting many companies to look for alternative ways of boosting their....


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What Is Behind The Bitcoin Miner Expansion?

North America, and especially the United Estates, has become a top destination for the bitcoin mining industry. States such as Texas and Kentucky are racing to become the world’s mining hub. Public bitcoin miners are planning on huge increases in hashrate in 2022, seeking to grow their bitcoin production. Bitcoin Mining Expansion A recent Arcane […]