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Bitcoin mining hardware makers are on track to net $1 billion in revenue this year

Quick Take

  • The Block reported in February that institutions, mostly in North America, had pre-ordered half a billion dollars worth of bitcoin mining machines from Chinese manufacturers.
  • Since then, they’ve continued placing orders.
As of February, institutions had already pre-ordered half a billion dollars worth of bitcoin mining machines. They've just kept buying.

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Aug 11, 2021, 5:18PM UTC
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