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Investors Are Flocking To Bitcoin Mining – Bitcoin Magazine

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Bitcoin Continues to trade below all-time highs The latest bear market continues thanks to various macroeconomic shocks and strains. Bitcoin miners especially feel the pain of a depressed market. hash rate increase When Decline in hash value.

Against this pessimistic backdrop, a growing group of investors are pooling capital with the aim of financing or investing in distressed mining teams. New capital injections may just be the solution for companies struggling in a bear market to survive. But for others, throwing money at a failed venture doesn’t solve anything. This article explores the growing investor interest in distressed mining assets and discusses the possible consequences of these investments.

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