Crypto miners keep busy ahead of halving with accelerated machine buys

While Marathon Digital extended its hash rate lead on North American competitors in the past month, Riot Platforms and Bitfarms are among those looking to catch up via major machine buys ahead of the bitcoin halving.

Meanwhile, Hut 8 recently closed its merger with US Bitcoin Corp in a move executives have said helps the firm not only boost mining capacity, but further diversify its revenue streams. 

The plethora of miner moves comes as the next bitcoin halving looms. Slated for April, industry watchers expect the event that cuts per-block miner awards from 6.25 bitcoin (BTC) to 3.125 BTC to put stress on industry players.

“It seems like the upcoming halving and this year’s market…

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