Further BTC mining consolidation as Crusoe acquires peer mining firm By Cointelegraph
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Further BTC mining consolidation as Crusoe acquires peer mining firmAmid soaring (BTC) mining difficulty and sinking mining profitability, Colorado-based Bitcoin miner Crusoe Energy Systems has announced the acquisition of the operating assets of portable BTC mining operator Great American Mining (GAM).
The deal will see GAM’s operations integrate into Crusoe’s, adding over 10 megawatts (MW) to its mining output and around 4,000 application-specific integrated circuit (ASIC) crypto mining rigs — increasing Crusoe’s capacity by about 9% according to the company.
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Further BTC mining consolidation as Crusoe acquires peer mining firmAmid soaring (BTC) mining difficulty and sinking mining profitability, Colorado-based Bitcoin miner Crusoe Energy Systems has announced the acquisition of the operating assets of portable BTC mining operator Great American Mining (GAM).
The deal will see GAM’s operations integrate into Crusoe’s, adding over 10 megawatts (MW) to its mining output and around 4,000 application-specific integrated circuit (ASIC) crypto mining rigs — increasing Crusoe’s capacity by about 9% according to the company.
Continue Reading on Coin Telegraph
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