🚀 Bitcoin Miners' Big Moves! 🚀
• Major players in Bitcoin mining unveiled their Q3 financials, raising $5B in funding this year! Equity financing leads with $4.4B, while debt financing stands at $625M.
• Miners spent $3.6B on infrastructure as hashrate hit a record 790 EH/s, despite Bitcoin halving.
• $2B committed for new hardware, with Bitmain dominating ASIC purchases.
• Challenges loom: U.S. detains mining equipment; Russia eyes a 15% tax and potential bans.
What do you think about these developments? Share your thoughts below! 💬