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Smartkarma Research: Crypto mining industry series: Time to focus on efficient crypto miners
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Key TakeawayBitcoin’s price dropped ~50% year-to-date and has since bottomed in the lows ~$18Ks, a ~75% drawdown from BTC’s all-time high in 2021. We had seen a massive wave of margin calls when investors, crypto mining companies, banks, and hedge funds were forced to liquidate positions in cryptocurrencies while the crypto market has lost ~$2 trillion in value for the last three months.
Read more on economictimes.indiatimes.comAbout this in other media
ED freezes Rs 370 crore of bank, crypto balances of Bengaluru ‘shell company’ economictimes.indiatimes.com /2 years ago
WazirX Episode Reveals Darker Side Of Crypto: Government Sources ndtv.com /2 years ago
Crypto Money Laundering Probe Points To A China Link: Report ndtv.com /2 years ago
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