Bitcoin Halving Sees Miners Accumulate More Rigs – Crypto Execs Eye $100K Price Target

Big crypto mining companies have spent $747 million on facilities and equipment this month, ahead of next year’s Bitcoin halving. Overall, they have committed over $1.2 billion for machines to be delivered in batches next year, even as crypto execs wax bullish. The new equipment purchases will add more computing power to the Bitcoin network, making it more difficult for smaller... source: https://beincrypto.com/bitcoin-miners-spend-billions-equipment-halving/