Phoenix Group Acquires $187M Worth of Mining Rigs from Bitmain!
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The post Phoenix Group Acquires $187M Worth of Mining Rigs from Bitmain! appeared first on Coinpedia Fintech News
Phoenix Group has announced a major acquisition worth $187 million from Bitmain, a leading player in the cryptocurrency mining industry. This comes shortly after Phoenix’s previous purchase of $136 million worth of mining rigs from Bitmain’s rival, Whatsminer. The move is expected to bolster Phoenix’s mining capabilities and strengthen its position in the competitive Bitcoin mining landscape. With this latest investment, Phoenix is poised to expand its operations and further solidify its reputation as a major player in the cryptocurrency industry.
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$ 64.31K
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$ 0.00492
+0.45%Funds
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