Tag
crypto market structure
2 articles
Core Scientific's $3.3 Billion Junk Disclosure Exposes Deep Structural Flaws in Bitcoin Mining
Core Scientific's $3.3 billion write-down of distressed assets underscores systemic leverage risks and overvaluation prevalent across the Bitcoin mining sector, demanding a reevaluation of operational sustainability.
Bitdeer's 70 EH/s Self-Mining Power Signals Strategic Shift in Hashrate Concentration
Bitdeer Technologies Group achieving 70 exahashes per second in self-mining capacity marks a significant consolidation of hashrate, impacting industry profitability and market dynamics amid fluctuating Bitcoin prices.