Jul 21, 2022

Amid soaring electricity costs, some crypto miners have been forced to sell their bitcoin at a discount, putting them at risk of collapse.

Video transcript

Amid soaring electricity costs, some crypto miners have been forced to sell their bitcoin at a discount, putting them at risk of collapse. Marathon Digital Holdings CEO Fred Thiel discusses the impact of consolidations across the industry on the global hashrate and how his firm benefits from crypto winter.

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