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Report explores discrepancies in different Bitcoin mining companies’ performances
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The exodus of Bitcoin miners from China to USA is generally hailed as a success. But this may be oversimplifying the real picture. A report by Arcane Research which compared mining stocks to Bitcoin revealed that extreme discrepancies can take place even across different mining companies.
The mining company Bit Digital has seen a drop of 56% in its share price, setting it far below both the mining index and Bitcoin. In fact, Arcane Research’s report put forward a reason for what it called the
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