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Bitcoin mining revenue surged to $1.39 billion in February, a $40 million increase from January. Marathon Digital saw significant improvements in EBITDA, net income, hash rate, and efficiency in 2023. Foundry USA and Antpool led block production, despite miners selling Bitcoin as the reward halving approaches.
#Bitcoin at $65k and miners have a lot of catch up to do and few with earnings this March. Be on the lookout for which are prepared for the halving event, low debt, have strong cash positions + can show a clear path to scaling current EH/s and 2H2024 EH/s, + net income Latest… https://t.co/xWm3Rn3KpS
UPDATED (again) #Bitcoin miner model that provides the most comprehensive view of KEY METRICS needed to evaluate the best/worst miners as we head into the halving 📕👇 Key Observations (GOOD): 1) Highest profit $ per Bitcoin mined (post-halving) -> $BTDR $CLSK $HIVE $RIOT $IREN… https://t.co/jplVYy5zqI
#Bitcoin minings market opportunity is massive https://t.co/9xWmSraX32