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What Will It Take for Bitcoin Mining Companies to Survive in 2023?

Some miners have held onto the bitcoin they mined, opting as an alternative to finance operations with debt and different capital, which matches actually smartly – till it doesn’t.
Some miners have held onto the bitcoin they mined, opting instead to finance operations with debt and other capital, which works really well – until it doesn’t.

Original article
Original article
Author: Yahoo

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Yahoo has recently written 1 articles on similar topics including :
  1. "The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed five legally binding Memorandum of Understanding (collectively the "MOUs") with five Bitcoin mining machine owners to purchase Bitcoin mining machines by the issuance of Class A ordinary shares. After the completion of the transaction, The9 is expected to own 26,007 Bitcoin mining machines, with a total hash rate of approximately 549PH/S, accounting for about 0.36% of the global hash rate of Bitcoin. Majority of these mining machines have already been deployed in Xinjiang, Sichuan and Gansu in China". (January 27, 2021)
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