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Home ยป Major coal mining company ventures into the world of Bitcoin mining
Bitcoin

Major coal mining company ventures into the world of Bitcoin mining

By adminApr. 30, 2024No Comments1 Min Read
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Major coal mining company ventures into the world of Bitcoin mining
Major coal mining company ventures into the world of Bitcoin mining
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Alliance Resource Partners’ venture into Bitcoin mining has defied initial doubts and proven to be highly effective. In addition, Marshall disclosed that the company presently possesses 425 BTC, equivalent to $30 million, on its financial statement. Notably, after factoring in the expenses related to property, plant, and equipment, Alliance Resource Partners declared a net profit of $7.3 million, indicating a bright future in the cryptocurrency industry. As a result of the impressive quarterly earnings report, ARLP shares experienced a more than 2% increase in pre-market trading.

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