US Bitcoin Miners Expand Operations Despite Price Volatility By Cointelegraph

©Reuters. US Bitcoin Miners Expand Operations Despite Price Volatility

The United States-based cryptocurrency mining operations are committed to increasing their hash power with more hardware despite the (BTC) three-month price drop.

Companies Marathon Digital Holdings and GEM Mining in the United States told Cointelegraph this week that they each expect the size of their respective operations to grow through 2022 by at least doubling the number of machines in their facilities.

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Marathon Digital vice president of corporate communications Charlie Schumacher told Cointelegraph in an interview that they are moving forward with their plans to roll out 199,000 new machines by 2023 to secure what is “arguably the future of the global monetary system.”

Read the full article on Cointelegraph

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