Cryptocurrencies

Bitcoin Mining CEOs Prep for Extended Winter as Still-Rich Margins Contract

  • CEOs of Marathon, Riot and Hut 8 talk strategy as costs rise
  • Companies shore up balance sheets, tap debt and equity markets
Bitcoin Miners Pressured to Use Less Power
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Crypto miners are hunkering down for a possible squeeze as rising costs, swinging Bitcoin prices, and now a war in Ukraine threaten to erode the industry’s substantial profit margins.