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❕NEWS Galaxy Digital establishes proprietary Bitcoin mining unit

aryan4

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Galaxy Digital is expanding its cryptocurrency service to include Bitcoin mining.
The company plans to start mining BTC on a proprietary basis. It is also reported that it will focus specifically on providing financial services for cryptocurrency miners.
What are your thoughts on this major enterprise?
 
As far as I know, they are also an investment company with a certain power. Normally, I think I know there are BTC investments.
 
Galaxy Digital is expanding its cryptocurrency service to include Bitcoin mining.
The company plans to start mining BTC on a proprietary basis. It is also reported that it will focus specifically on providing financial services for cryptocurrency miners.
What are your thoughts on this major enterprise?
I think this will surely improve their revenue . Bitcoin Mining despite being costly is very lucrative and desirable. I think they will benefit from it
 
I think this will surely improve their revenue . Bitcoin Mining despite being costly is very lucrative and desirable. I think they will benefit from it
They also found that their earnings could possibly be high, given that they decided to start such a costly project. Their success may be good news within the industry.
 
They also found that their earnings could possibly be high, given that they decided to start such a costly project. Their success may be good news within the industry.
I think the adoption of cryptocurrency especially Bitcoin by companies is a thing of joy as it is bound to affect the market positively .
 
I think the adoption of cryptocurrency especially Bitcoin by companies is a thing of joy as it is bound to affect the market positively .
I think what you indicated is correct. Almost big investors, again big companies are now fully aware of bitcoin and are now strictly embracing it.
 
I think this will surely improve their revenue . Bitcoin Mining despite being costly is very lucrative and desirable. I think they will benefit from it
Yes, I've come to realise that mining companies tend to earn more than normal subscribers. They just pass down the expenses on subscribers these days all in the name of contracts.
 
Yes, I've come to realise that mining companies tend to earn more than normal subscribers. They just pass down the expenses on subscribers these days all in the name of contracts.
Yeah , miners sell and also earn profit from any transaction made by any user in the blockchain through what we call miners fee
 
What exactly do you mean by proprietary basis? Also I wonder what kinds of financial services they intend to offer to miners. I think having a plan to mine bitcoin and improve and extend their cryptocurrency operations is a good initiative.
 

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