Report: Bitcoin Mining Companies Spend Excessively On Administration Compared To Other Industries

Data shows the public Bitcoin mining companies have been spending more excessively on administration, compared to other industries like gold mining. Average Public Bitcoin Miner Spends 50% Revenues On Administrative Costs According to a new blog post by Arcane Research, most BTC miners have only focused on minimizing direct production costs, and neglected indirect expenses […]

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Author: toutiao