Crypto Billionaire Jihan Wu Setting Up Fund to Buy Distressed Bitcoin Mining Assets
Many Bitcoin miners are in the process of liquidating their mining assets in an attempt to deal with the plunging price of Bitcoin and high energy costs. This led to a depression in the value of mining rigs and crypto billionaire Jihan Wu and...
Bitcoin Miners are Selling Stockpiled Tokens to Cover Increasing Costs
The cryptocurrency world is in shambles at the moment and Bitcoin miners are forced to reach deeper into their stockpiled tokens in an attempt to cover increasing costs. This was revealed in a recent report by influential financial outlet Bloomberg.
Compiling the data from Coin...