Bitcoin Mining Sector Sees Intensified Competition as Tier-2 Miners Gain Ground
The Bitcoin mining industry is undergoing a significant transformation as tier-2 operators rapidly close the hashrate gap with established market leaders in the post-2024 halving landscape. According to analysis from The Miner Mag, companies including Cipher Mining, Bitdeer, and HIVE Digital have substantially expanded their realized hashrate, creating a more balanced competitive environment across the…