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Luxor’s Aaron Forster on Bitcoin Mining's Growing Sophistication

CoinDesk LogoCoinDesk1d ago

Luxor’s Aaron Forster on Bitcoin Mining's Growing Sophistication - CoinDesk

Quick Summary:

The group’s director of business development, a speaker at this year’s Consensus festival, says bitcoin miners are expanding into bitcoin pooling, hashrate hedging, AI and HPC.

They can do that synthetically through purchasing bitcoin and putting it into our market, effectively lending that out, earning a yield, and purchasing that hashrate at a discount.

We’re trying to push the Bitcoin mining space forward.

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Luxor’s Aaron Forster on Bitcoin Mining's Growing Sophistication - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Tom Carreras

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 16:44:49 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 1071 words

Reading Time: 6 minutes read

Sentences: 73 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27568558

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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The story "Luxor’s Aaron Forster on Bitcoin Mining's Growing Sophistication" was covered 1 days ago by CoinDesk, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 7 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #27568558
  • URL: https://chronographically.beamstart.com/news/luxors-aaron-forster-on-bitcoin-17436989326110

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