2024

Bitcoin

<p>The 2024 halving event has spurred a wave of mergers and acquisitions in the Bitcoin mining sector, with 67% of all deals this year taking place after the halving. These deals have totaled $466 million, with leading companies like CleanSpark and Marathon Digital expanding their operations significantly.</p>
<p>These acquisitions have secured 574 megawatts of additional mining capacity, allowing miners to scale up and remain competitive in an industry marked by increasing mining difficulty and declining block rewards. The consolidation trend is expected to continue as more companies look to bolster their operations through strategic acquisitions.</p>

M&A Deals Surge in Bitcoin Mining Industry Following 2024 Halving

Ultramining_Eng

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