KULR Technology Group Inc. Has deployed 3,570 new Bitmain rigs in Paraguay, boosting its total Bitcoin mining capacity to 750 PH/s. Their strategy includes a $20 million credit from Coinbase to enhance Bitcoin acquisition through both mining and market purchases.
KULR targets 1.25 EH/s by late summer 2025 while expanding its leasing operations. Meanwhile, Core Scientific faces challenges amidst uncertainties over its acquisition by CoreWeave, raising investor concerns.
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