Hut 8 CEO forecasts decline in Bitcoin mining bankruptcies amid scale shift

CAT April 3, 2024 1 min read

Denis Omelchenko

Hut 8 CEO predicts a decline in Bitcoin mining bankruptcies due to changes in financing dynamics and increased merger and acquisition activity among smaller-scale miners. The Bitcoin market is unlikely to see another cascade of bankruptcies anytime soon, as the…

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Hut 8 CEO forecasts decline in Bitcoin mining bankruptcies amid scale shift

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

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