Distressed Bitcoin Mining Assets Are Becoming Popular Investments

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As the bitcoin price continues to struggle, investors are showing interest in buying distressed bitcoin mining assets.Bitcoin continues trading well off its record highs as the latest bear market continues, thanks to a variety of macroeconomic shocks and strains. Bitcoin miners are especially feeling the pain of a depressed market, with hash rate climbing and hash price dropping. Against this backdrop of doom and gloom, a growing cohort of investors are pooling capital with the intent of lending to or investing in distressed mining teams. Fresh capital injections may be just the solution to he ...

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