Bitfufu, a cloud mining platform owned by Bitmain, the world’s leading Bitcoin mining rig manufacturer, has announced plans to purchase 80,000 of Bitmain's "S" series mining machines. This major purchase will take place over a two-year period and will significantly increase Bitfufu's cloud mining capabilities. Bitfufu's decision to invest in new mining machines is a sign of the growing demand for cloud mining services. As the cost of mining Bitcoin continues to rise, more and more individuals and businesses are turning to cloud mining providers like Bitfufu to access the necessary hardware and expertise. With the addition of 80,000 new mining machines, Bitfufu will be well-positioned to meet the growing demand for its services. In addition to its recent purchase of mining machines, Bitfufu also announced that it held 1,664 BTC as of December 5th. This substantial holding of Bitcoin demonstrates Bitfufu's commitment to the cryptocurrency industry and its confidence in the long-term growth of Bitcoin.

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