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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.
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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.
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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?