Debt across Bitcoin miners has surged from US$2.1 billion (AU$3.26 billion) to US$12.7 billion (AU$19.69 billion) in a year as operators race to upgrade fleets and add high-performance computing and AI capacity, according to VanEck’s October ChainCheck. VanEck analysts Nathan Frankovitz and Matthew Sigel stated that miners are leveraging up to protect hashrate share amid […]
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