Bitcoin Mining M&A in Crypto Downturn Requires Due Diligence

Bitcoin Mining M&A in Crypto Downturn Requires Due Diligence

Bitcoin Mining M&A in Crypto Downturn Requires Due Diligence As the blockchain industry navigates a troubled cryptocurrency market, acquisition opportunities have arisen across different asset types. The bitcoin mining industry is no exception. Bitcoin miners play a key role as validators of transactions in lieu of a traditional intermediary bank. Specialized computer equipment (mining equipment) solves a complex math problem created by the bitcoin software, which validates a block of bitcoin transactions recorded on the digital ledger. The miner that …