Bitcoin mining companies hold constructing regardless of BTC mining profitability droop

Regardless of a 44% decline in (BTC) mining profitability during the last 12 months, some Bitcoin mining firms have continued to construct and improve manufacturing, in keeping with current bulletins.

On June 1, American Bitcoin mining agency CleanSpark introduced that it had bought 12,500 brand-new Antminer S19 XP (NASDAQ:) items for $40.5 million. The deal labored out at $23 per terahash per second (TH/s), which is decrease than the typical market worth.

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