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Bitcoin mining companies are really struggling to keep their heads above water. A lot of them have started selling off their equipment as well in order to finance their debt.

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See also another post, found here on SN, with a link to an article on CoinDesk about this development:

Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM #81095 https://www.coindesk.com/business/2022/10/12/bitcoin-miner-crusoe-energy-buys-fellow-flared-gas-operator-gam

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