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Bangkok Post
Bangkok Post
Business

Listed crypto miners post H1 losses

Representations of cryptocurrency Bitcoin and US dollar are seen in this illustration, Aug 10, 2022. (Reuters photo)

Several listed crypto mining companies reported operating losses in the first half of this year as crypto prices tanked, forcing many crypto platforms to go bankrupt.

According to coingecko.com, the world's largest independent cryptocurrency data platform, the total crypto market valuation stood at US$1.08 trillion on Aug 25, down from a peak of $2.99 trillion in December 2021.

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