Friday, February 3, 2023

Cryptocurrency mining is one of the fastest growing markets in today’s burgeoning blockchain industry.

Crypto is here to stay. With 13% market saturation in the US and 23% predicted by 2023, cryptocurrency thought leaders as well as government regulators are looking for ways to improve the efficiency of the system of mining bitcoin coins.

These areas see a lot of capital investment. Marathon Digital recently built a network of 73,000 bitcoin miners. It currently has a market capital of 5B, and is poised to expand its operations by at least two-thirds.

BTC Mine Australia, an Australian company that is rapidly growing behind Marathon Digital, is closely following. Andrew Parry, serial entrepreneur and former CEO of On Solar- BTC Mine Australia (or BTC Mine Au), is the brainchild of BTC Mine Australia. It uses its Z Pro Technology to mine bitcoin at the highest efficiency on the market.

Parry points out that the conditions – including more favorable regulations from Australia and widespread calls for action by the international finance community to ensure a more sustainable mining operation for bitcoin – point to a bright future.

“We are excited about the current industry and our leading position in it. We expect 2022 to be a record-breaking year for sustainable bitcoin mining growth and will accelerate that process.

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