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Just saw that Powerbridge Technologies is picking up 5,600 crypto mining machines in a pretty significant deal. Mix of Bitcoin and Ethereum gear from what I can tell. That's a massive order for mining equipment all at once.
Makes you wonder what they're planning with that many crypto mining machines - are they expanding operations or just stocking up before prices move? The scale of this crypto mining machine purchase is honestly kind of wild. Usually don't see orders this big announced publicly.
If more companies start making moves like this on mining equipment, could be a signal that institutional players think mining is worth the investment right now. The crypto mining machine market has been interesting to watch lately with all the hardware upgrades happening.