Cango Inc. sold 4,451 bitcoin over the weekend as miners across the sector face mounting pressure from low prices, thin margins, and falling mining revenue. Cango Dumps 4,451 BTC to Cut Debt On Monday, Cango Inc. confirmed it had completed the sale of 4,451 BTC on the open market, settling the transaction in USDT for […]
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Bitcoin miners face weak dollar revenue even as the mining forward market priced in little additional competition through December, according to an October 30 analysis by mining data...
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