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Bitcoin Firms Bet Big on AI As Mining Margins Shrink

From securities.io

It's been close to two decades now since Bitcoin was first launched by its pseudonymous creator, Satoshi Nakamoto. In those early years, mining Bitcoin was extremely easy and cheap. One could do that on their home computer and get their hands on hundreds of Bitcoin easily. But now, even companies with advanced machines and massive investments are struggling to mine BTC profitably. Bitcoin mining has clearly come a long way since its early days, and is now entering a more complex phase, shaped by industrial-scale operations, rising competition, and tightening margins. While the price of BTC has surged from almost ... (full story)

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  • Category: Fundamental Analysis