BTC miner DMG Blockchain expands after $16M fundraising

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CoinGeek 11h ago

BTC miner DMG Blockchain expands after $16M fundraising - CoinGeek

Quick Summary:

The Canadian company has purchased Bitmain hydro miners for $5 million, which will be installed in February, bringing its total hash rate to 2.1 EH/s.

The post BTC miner DMG Blockchain expands after $16M fundraising appeared first on CoinGeek.

The entire sector is built on the assumption that BTC will always rise since the cost of mining has outpaced the asset’s price in recent years.