Home Cryptocurrency Bitcoin miner debt surges 500% as miners beef up for the hashrate fight

Bitcoin miner debt surges 500% as miners beef up for the hashrate fight

Bitcoin miner debt surges 500% as miners beef up for the hashrate fight

VanEck’s Nathan Frankovitz and Matthew Sigel said if miners don’t keep investing in the latest machines, the share of the global hashrate deteriorates, resulting in reduced Bitcoin rewards.

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