PC

The greatest bitcoin miners lost over $1 billion throughout this year’s crypto crash

The biggest trio of openly traded bitcoin mining business reported a combined loss of well over $1 billion throughout the summer season, the outcome of cryptocurrency markets experiencing an extraordinary crash

The 3 biggest United States bitcoin miners–Core Scientific, Marathon Digital Holdings, and Riot Blockchain– reported substantial losses in current quarterly profits reports (thanks, Bloomberg). Core Scientific took the greatest hit of the 3 with a loss of $862 million, with Riot Blockchain losing $366 million and Marathon suffering a $192 million loss throughout the crypto free-fall.

Original Source Link (*)

”wow

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

We only use unintrusive ads on our website from well known brands. Please support our website by enabling ads. Thank you.