⚡️⛏️ January’s high difficulty meant less #bitcoin for:

- Hut 8 (-27%),

- Mara (-12.5%)

- Bitfarms (-4.7%).

Only Riot Platforms managed to increase production (+2.1%) after opening a new Texas facility.

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Discussion

Will they be Forced to sell? Forced to rehypothecate or a similar fuckery? Forced to make derivatives?

What will the next wave of High difficulty do? Perhaps the next wave will be different.