Concerns loom for one of Canada's biggest bitcoin miners

On-chainJanuary 7, 2020, 7:00AM EST
UPDATED: April 8, 2022, 5:06PM EDT
Concerns loom for one of Canada's biggest bitcoin miners
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As we approach the halving – the term used to describe the drop in the bitcoin per-block subsidy from 12.5 BTC to 6.25 BTC, scheduled to take place this spring – it becomes increasingly important to monitor the financial strength of the mining industry.

With the majority of the bitcoin hash rate existing in China, bitcoin mining operations are somewhat of a mystery to us in the West.

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