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Bitcoin Mining: Profits & Challenges
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Bitcoin mining profitability takes a hit post-block subsidy halving, affecting major miners but benefiting efficient companies like CleanSpark and Riot. Despite overall challenges, some firms raise capital for expansion and prioritize cost efficiency for future success.
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How might the shift towards efficiency impact the overall competitiveness of the Bitcoin mining industry?
In what ways could increased capital investment in Bitcoin mining impact the digital currency market as a whole?
What strategies can struggling miners like Marathon and Hive adopt to improve their profit margins?
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