NIP Group set to generate $15m in Bitcoin per month after third purchase of Bitcoin mining capacity
mining
NIP Group’s third purchase of Bitcoin mining capacity is expected to lift its Bitcoin production to a level worth about $15 million per month. The figure is a projected value, not guaranteed revenue, and will depend on Bitcoin’s price, mining difficulty, and operating costs. The deal signals NIP’s continued expansion into mining and adds to institutional participation in Bitcoin production.
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