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US bitcoin miners accelerate fleet upgrades ahead of next difficulty cycle
Mining operators across the United States are advancing their plans to replace older ASIC machines with next-generation high efficiency chips before the upcoming difficulty adjustment. Several firms say that improved power to hash ratios now justify capital expenditure despite volatile coin prices. Grid partners in Texas and Wyoming report increased inquiries for long-term renewable energy contracts.
Tags:
- crypto
- mining
CNBC• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
US bitcoin miners accelerate fleet upgrades ahead of next difficulty cycle
Mining operators across the United States are advancing their plans to replace older ASIC machines with next-generation high efficiency chips before the upcoming difficulty adjustment. Several firms say that improved power to hash ratios now justify capital expenditure despite volatile coin prices. Grid partners in Texas and Wyoming report increased inquiries for long-term renewable energy contracts.
Tags:
- crypto
- mining
CNBC• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
56 words
US miners move quickly to refresh hardware and secure renewable energy commitments as they prepare for difficulty adjustments and heightened competition in the bitcoin sector.
Mining operators across the United States are advancing their plans to replace older ASIC machines with next-generation high efficiency chips before the upcoming difficulty adjustment. Several firms say that improved power to hash ratios now justify capital expenditure despite volatile coin prices. Grid partners in Texas and Wyoming report increased inquiries for long-term renewable energy contracts.
Mining operators across the United States are advancing their plans to replace older ASIC machines with next-generation high efficiency chips before the upcoming difficulty adjustment. Several firms say that improved power to hash ratios now justify capital expenditure despite volatile coin prices. Grid partners in Texas and Wyoming report increased inquiries for long-term renewable energy contracts.
Tags:
- crypto
- mining
- crypto
- mining
- bitcoin
- us