How Crypto Miners Are Adapting to Survive the Bear Market

Mining

In the current crypto bear market, miners have been battered due to the depreciation of digital assets, leaving many operations struggling to generate profit. In some cases, miners have been forced to exit the business altogether. In their absence, a number of experienced miners are capturing the bulk of the market share, according to one expert. 

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Crypto Winter Is Taking Its Toll

This year, a number of mining operations have closed globally and around tens of thousands of mining rigs have been shut down in China. However, the bear market has ignited a wave of creativity among resourceful market participants, allowing their mining operations to thrive by capitalizing on new…