Recently, U.S. mining companies such as Quantum Blockchain, Marathon Digital, Crusoe Energy and Bit Digital have announced financing or launching new businesses. With the price of BTC breaking through many times in recent days, Bitcoin mining companies are also collectively gathering strength and making early plans for next year's development.
The three mining companies Quantum Blockchain, Marathon Digital, and Crusoe Energy have all made varying degrees of progress in financing, while Bit Digital will add an AI computing power leasing business. The new funds will be used to advance research and development plans, expand cloud business, purchase GPUs, etc.
Previously affected by the market, traditional mining companies were looking for other solutions during the bear market. Today, mining companies are continuously active. On the one hand, they have their own development factors. Mining companies must continue to purchase mining machines with better performance to maintain their mining business. On the other hand, with the recent recovery in BTC prices and the approach of Bitcoin’s fourth halving cycle, traditional mining companies may also be gathering strength to prepare for the development of the next cycle.
What impact do you think these mining companies’ new actions will have on the industry? Welcome to speak freely in the comment area and discuss together! 😊