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MARA’s mining pool drives March surge in BTC production and rewards

MARA Holdings reported an increase in Bitcoin mining activity for March, producing 829 BTC and winning 242 blocks, a 17% rise from February.  This marks the company’s third-highest monthly block count, according to a company note. The increase comes as global mining difficulty continues to climb, underscoring MARA’s ability to maintain competitive efficiency. The company…

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Cango exits China in $351.9m deal, pivots to Bitcoin mining

Shanghai-based Cango has signed definitive agreements to sell its China operations for $351.94 million in cash, marking a strategic shift towards cryptocurrency mining. Ursalpha Digital Limited, a British Virgin Islands-registered entity, will acquire Cango’s PRC business. The transaction includes an initial $210.64 million payment upon closing, with the remaining balance contingent on tax obligations and…

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