- 16 Bitcoin (BTC) mining equipment companies have supported a total of $3.6 billion in major asset (PP&E) upgrades over the past two years.
- The third quarter of this year was reported to have the largest scale of PP&E support since the first quarter of 2022.
- It was explained that mining equipment requires upgrades every 3-5 years to maintain performance.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
On the 28th (local time), the professional media outlet Cointelegraph reported, citing TheMinerMag, that 16 Bitcoin (BTC) mining equipment companies have collectively supported a total of $3.6 billion in major asset (PP&E) upgrades, including mining equipment and facilities, over the past two years.
In particular, the third quarter of this year marked the period with the largest scale of PP&E support since the first quarter of 2022.
Additionally, the main support items for the mining industry were confirmed to be mining equipment upgrades.
The report stated, "Typically, mining equipment requires upgrades every 3-5 years to maintain performance."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.PiCK News
U.S. Initial Jobless Claims at 219,000... Labor Market Resilience Remains
1 hours ago
'Terra·Luna' Key Figure Kwon Do-hyung Insists on Returning to South Korea... "Shouldn't Be a Political Decision"
2 hours ago
Ju Ki-young: "Bitcoin's Bull Market Still Ongoing... Low Chance of Over 30% Correction"
3 hours ago
[Analysis] "Despite Profit-Taking by Mid-to-Long-Term Bitcoin Holders, New Demand Defends Against Downward Pressure"
3 hours ago![[Analysis] "Despite Profit-Taking by Mid-to-Long-Term Bitcoin Holders, New Demand Defends Against Downward Pressure"](https://media.bloomingbit.io/prod/news/a697b64b-342a-4a17-8862-8a6ae17b2d9b.webp)
Russia Considers Including Bitcoin in Strategic Assets... China's 'Digital Yuan' Initiative
5 hours ago
Ranking News