Updated: 27.03.2025
Cipher Mining CEO Tyler Page believes 2021 will be a historic year for Bitcoin mining, and the industry should build on its successes in 2022.
The expert noted that this sector has experienced a huge influx of capital, primarily due to the possibility of obtaining high profits.
2021 has been a historic year in terms of capital flows into our industry. The total market capitalization of the companies has increased, and the total revenue paid to miners was about $16 billion. With large projected profit margins… people have ambitious plans for 2022.
According to the top manager, after global migration Bitcoin-miners from China to the United States, thanks to the newfound stability, this technology should receive tremendous development.
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