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0.00232994526974197 0.00156372165754492 0.00312744331508999 0.00312744331508999 0.00218921032056298 -0.000781860828772462 -0.000781860828772462 -0.000781860828772462
Stock impact report

Bitcoin Mining Poised For Growth Despite Short Term Pain [Forbes]

Core Scientific, Inc. (CORZ) 
Company Research Source: Forbes
Washington has recognized bitcoin's proof-of-work as a strategic resource, state legislatures are offering regulatory clarity, manufacturers are shipping more efficient machines, and entrepreneurs are inventing new revenue models that couple mining with digital collectibles and flexible-load grid services. These converging forces help explain why network hashrate continues to march toward the one-zettahash era even as hashprice languishes and publicly traded miners dump inventory. As mining difficulty rises even as bitcoin's price trades sideways, it is possible to observe an industry scaling into a deeper economic cycle. U.S. Policy Tailwinds Propel Bitcoin Mining The clearest inflection came on 6 March 2025, when President Trump signed an executive order creating a Strategic Bitcoin Reserve, directing Treasury to hold forfeited coins and authorizing research into budget-neutral accumulation methods. The Order states that "there is a strategic advantage to being among the first n Show less Read more
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