Education Blog
No Result
View All Result
Crypto
No Result
View All Result

A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Prices Remain in Holding Pattern

Press Release by Press Release
August 26, 2022
in Uncategorized
0
A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Prices Remain in Holding Pattern
Share on FacebookShare on Twitter



Another bitcoin miner, Mawson Infrastructure (MIGI), said it generated $1.8 million in unaudited revenue by engaging in similar types of strategy as Riot. “When energy prices are low, Mawson engages in bitcoin mining and generates revenue by selling self-mined bitcoin daily, as it has from inception,” the miner said in a statement. “When energy prices are high, and where available, Mawson engages in Energy Demand Response Programs, receiving revenue and reducing overall energy costs,” it added.



Source link

Tags: BearBitcoinCryptoEtherHoldingMarketMinersPatternPricesRemainStrategySurvival
Press Release

Press Release

  • About Us
  • Contact Us
  • ICO
  • MEXC Global to Support the Upcoming Nervos Network Hackathon
  • Prices
  • Privacy Policy
No Result
View All Result
  • About Us
  • Contact Us
  • ICO
  • MEXC Global to Support the Upcoming Nervos Network Hackathon
  • Prices
  • Privacy Policy

© 2022 Cryptocrunches.com

  • Calamari NetworkCalamari Network(KMA)$0.0023177.04%
  • JDBJDB(JDB)$0.021575-0.61%
  • bitcoinBitcoin(BTC)$26,525.000.15%
  • ethereumEthereum(ETH)$1,845.88-0.20%
  • USDEXUSDEX(USDEX)$1.080.25%
  • tetherTether(USDT)$1.00-0.10%
  • binancecoinBNB(BNB)$263.720.97%
  • usd-coinUSD Coin(USDC)$1.00-0.07%
  • rippleXRP(XRP)$0.521.23%
  • Lido Staked EtherLido Staked Ether(STETH)$1,844.55-0.22%