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Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales

Post author:MiamiCrypto
Post published:June 27, 2022
Post category:Bitcoin Miners Bitcoin Mining Bitcoin Price BTC Mining BTC price celsius Crypto Lenders Ethan Vera galaxy digital Glassnode JPMorgan JPMorgan analyst loan stress loan underwater loans Luka Jankovic Luxor Mining Luxor Technologies Mining mining bitcoin Mining BTC Mining Operations News Nikolaos Panigirtzoglou

Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The…

A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device

Post author:MiamiCrypto
Post published:February 5, 2022
Post category:20.2 J/TH 440 TH/s 75% reduction Alejandro de la Torre Bitcoin Bitcoin (BTC)Bitcoin Mining Bitmain Bitmain Miners BTC BTC Mining Foxconn Luxor Mining Mining Mining Device Mining Machine Mining Rig Nasdaq: ANY Numiner Numiner NM440 Poolin Sphere 3D TSMC Wu Blockchain Xilinx

The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a…