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A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes

The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.

Updated May 9, 2023, 3:59 a.m. Published Oct 14, 2022, 5:09 p.m.

Brand new and used bitcoin mining rigs at CleanSpark's site in Georgia. (Eliza Gkritsi/CoinDesk)