Bitcoin miner debt surges 500% as miners beef up for the hashrate fight

Bitcoin miners have taken on $12.7 billion in debt as they invest in new rigs and AI infrastructure to stay competitive in the global hashrate race.
Source: Bitcoin miner debt surges 500% as miners beef up for the hashrate fight (https://cointelegraph.com/news/bitcoin-miner-debt-surges-ai-hpc-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)