8 Trends That Will Shape (*8*) Mining in 2022

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With competitors ramping up subsequent 12 months, some miners will begin to really feel the margin squeeze, resulting in potential for elevated mergers and acquisitions. “I think there’s going to come a time, in the not too distant future, where there are companies that have raised money, have machines on order and have not deployed them yet that are in a cash crunch,” mentioned Fred Thiel, CEO of Marathon Digital, one of many largest publicly traded bitcoin miners.