BlockBeats News, January 30th, US stock-listed Ethereum treasury company Bit Digital (BTBT) announced plans to completely cease Bitcoin mining operations and instead focus on Ethereum infrastructure, staking, and high-performance computing strategy.Its CEO Sam Tabar stated in a letter to shareholders that mining is no longer the most capital-efficient option, and the company will concentrate its digital asset exposure on Ethereum to achieve sustainable, liquidable, compounding long-term growth.
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Bit Digital to Cease Bitcoin Mining Operations, Double Down on Ethereum Infrastructure, Staking, ...
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