Odaily Planet Daily News: Investment bank Architect Partners pointed out in its latest report that the Bitcoin mining industry is in a consolidation phase, a trend triggered by the halving event in April this year. The report emphasizes that mining companies are seeking to acquire large, scalable data center capacity and obtain low-cost electricity and capital. Bitfarms' planned acquisition of Stronghold Digital Mining is a typical example of the recent M&A trend. The author of the report believes that hostile takeovers are not common in the technology and financial services industries that rely on talent, but the Bitcoin mining industry is different. Its core assets are physical facilities, power resources and widely available computing equipment. However, this consolidation trend is contrary to the original intention of Bitcoin founder Satoshi Nakamoto, who hopes that anyone can participate in mining and there will be no concentration of computing power. At present, the impact of the centralization of the mining industry remains to be seen. (Coindesk)

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