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Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein

Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.

Updated Aug 4, 2023, 10:43 a.m. Published Aug 4, 2023, 10:21 a.m.
New and old bitcoin mining rigs at CleanSpark's site in Georgia.
Bitcoin miners will more than double capacity in the next 2-3 years. (Eliza Gkritsi/CoinDesk)