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 spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it.That inversion drives Fidelity's...
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