Cryptocurrency news by Protos

Bitcoin mining industry outpaces the gains of bitcoin itself


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The bitcoin mining industry has suffered a bear market lasting over a year. Miners lost the vast majority of their market capitalizations, resulting in companies seeking alternative sources of income, like taking subsidies for modulating municipal power grids, monetizing flared gas, or wholesaling stranded energy contracts.


Nonetheless, this year’s 64% rally in bitcoin has certainly buoyed mining stocks. The bull is back. Listen to this article to find out why.


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Cryptocurrency news by ProtosBy Protos