Energy Companies Becoming a Major Force in Crypto Powering Bitcoin Miners

Energy companies’ capital intensity risk models by necessity look to opportunity for growth and to evolve. Energy prices have risen for the past year and accelerating higher after the Russian invasion of Ukraine. Together with the price of Bitcoin still down 40% from its November higher bitcoin margins have contracted to about 70% from 90%, according to analysts. Energy companies are in the position to deliver power directly to Bitcoin miners. Beowulf Mining Plc is an example of the opportunity for … Continue reading “Energy Companies Becoming a Major Force in Crypto Powering Bitcoin Miners”