Bitcoin price rally provides much needed relief for BTC miners

Bitcoin price rally provides much needed relief for BTC miners

Market Analysis
January 21, 2023 by secret
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[ad_1] Bitcoin mining powers network transactions and BTC price. During the 2021 bull run, some mining operations raised funds against their Bitcoin ASICs and BTC reserves. Miners also preordered ASICs at a hefty premium and some raised funds by conducting IPOs.  As the crypto market turned bearish and liquidity seized within the sector, miners found