Central issues: The fact that Bitcoin’s hashrate reaches new all-time highs is a sign of growing interest in the cryptocurrency as well as intensified mining competition. The flood in hashrate builds up the security and heartiness of the blockchain, while the change in ASIC costs proposes a developing business sector interest for additional proficient and…
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Key Points: By the end of 2022, BitDeer, a subsidiary of former Bitmain co-founder Jihan Wu, announced that it had increased the capacity of its Texas facility to 562 MW. The capacity of half a gigawatt has supported a variety of business models across three main segments: Storage, hash rate sharing, and proprietary mining With…
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