Bitcoin (BTC) Mining Hardware Market Is Heating Up and Secondary Market Prices for Machines May Rise: Report
The Bitcoin (BTC) mining machine market is heating up, according to the team at
HASHR8 Inc, a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains.
John Lee Quigley, who’s focused on building Bitcoin media and research products at HASHR8 Inc, notes that when the Bitcoin price “significantly increases, everything in the mining industry ramps up.” He explains that current miners aim to further expand their operations in order to take advantage of greater profit margins. New BTC miners also plan to enter and secure their share of the favorable mining conditions.
Chanticleer CEO poll: top leaders on Biden and China
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
The Overnight Report: Cheques & Balances
fnarena.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fnarena.com Daily Mail and Mail on Sunday newspapers.