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Mining
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says
The bank reduced its CLSK, IREN, MARA and RIOT price targets to account for second-quarter results and changes in the price of bitcoin and the network hashrate. JPMorgan prefers Iren and Riot…
Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry.…
Wall Street Bitcoin miner Core Scientific Pays Down $267 Million Debt
The publicly listed Bitcoin (BTC) miner from Wall Street, Core Scientific (NASDAQ: CORZ), has repaid $267 million in debt using proceeds from its recently closed convertible senior notes offering.…
Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been…
Gryphon Digital Mining Acquires Low-Cost Bitcoin Mining Operations at $0.01/kWh
Gryphon Digital Mining, Inc. (NASDAQ: GRYP) has taken a big step in lowering its power costs by acquiring Bitcoin mining operations in Louisiana that leverage ultra low-cost electricity at…
Discover the top cloud mining sites of 2024
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Discover the top 6 cloud mining platforms of 2024…
Cipher’s Bitcoin Mining Business Remains Compelling, Canaccord Says
Canaccord raised its Cipher Mining price target to $7 from $6 while maintaining its buy rating on the shares. The company's bitcoin mining business remains a standout in the sector, the report said.…
Bitcoin mining: electric energy at about $0.01 per kWh in Louisiana
Gryphon Digital Mining, a Bitcoin Mining company, announced that it has entered into an agreement in Louisiana to acquire electricity at a cost of approximately 0.01 dollars per kilowatt-hour (kWh).…
Bitcoin Miner Riot Platforms Is Getting Closer to Taking Over Bitfarms by Force
The third largest Bitcoin mining firm on Wall Street is still quietly tightening its grip on Bitfarms (BITF), a smaller Canadian competitor, through a hostile takeover bid. As of August 13, Riot…
U.S.-Listed Bitcoin Miners Have the Upper Hand Over Unlisted Peers: Bernstein
Miners listed in the U.S. have an advantage over private peers as they can raise capital easily, the broker said. Bernstein said it sees the large publicly traded U.S. bitcoin miners as consolidators…