Bitcoin Miner Merkle Increases Hashrate by 900% in 8 Months

The crypto winter has clearly been rough for miners, who have seen profit margins shrink as bitcoin prices plunged more than 50% this year, while power prices soared and capital dried up. However, some miners, such as Merkle, have continued to build up their facilities during the bear market to solidify their position when the market eventually turns.

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