Compass Mining Analyst Discusses Diversified Revenue Strategies for Bitcoin Miners
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Anthony Power, an analyst at Compass Mining, notes that Bitcoin miners are exploring diversified revenue strategies, especially in the context of Bitcoin's price volatility. Miners like Hut8, Hive Digital, and Iris Energy are diversifying their income by purchasing GPUs or repurposing surplus GPUs to reduce reliance on Bitcoin's price fluctuations (Source: THE BLOCK, September 26).