Unsustainable Bitcoin Mining Debt Led to Record Defaults, Buyouts in 2022
Miners took on mountains of debt in 2020 and 2021 leading to record defaults, bankruptcies, and acquisitions in 2022.
As ASIC Prices Shrunk in 2022, the Antminer S19 XP's Price Premium Grew
The Antminer S19 XP's premium to other Bitcoin mining ASICs grew over 2022.
Bitcoin Mining in Canada: 2022 Recap and Looking Ahead to 2023
2022 was a disappointing year for Bitcoin mining in Canada. Can the industry overcome political and economic headwinds in 2023?