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Mining
Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says
BTC's rise to record highs earlier this week is expected to allow miners to extend their November profitability into December, according to a report by investment bank Jefferies on Wednesday. Bitcoin…
PowerAlto Creates Profitable Opportunities Through Cloud Crypto Mining
It's no surprise that DeFi and crypto mining have become increasingly popular in recent years. As the world shifts towards more digital and decentralized forms of currency, the demand for…
Wall Street Bitcoin Miners Just Made Millions, Profits Hit 7-Month High – Here’s How
The crypto mining sector witnessed significant economic improvements in December, with mining profitability reaching its highest levels in seven months. The hashprice, a key metric for daily…
Bitcoin Miners Now In Selling Mode For A Year: Should You Be Concerned?
On-chain data shows that Bitcoin miners have been selling for around a year now. Here’s how much they have sold so far. Bitcoin Miners Have Shed Over 4% Of Their Holdings In Past Year As pointed out…
Bitcoin Mining Economics Continued to Improve in December, JPMorgan Says
Bitcoin (BTC) mining economics continued to improve this month, as the hashprice, a measure of daily profitability, rose 5% from the end of November, JPMorgan (JPM) said in a research report Monday.…
This Is the 8th Wall Street Bitcoin Miner to Report Lower BTC Production in November
HIVE Digital Technologies, the publicly listed Bitcoin miner from Wall Street (NYSE: HIVE), reported lower crypto output in November while announcing significant expansion plans to triple its mining…
Riot Platforms Bitcoin Strategy Strengthens with $500M Convertible Notes Offering
Riot Platforms Inc. (NASDAQ: RIOT), a major cryptocurrency mining company based in Colorado, announced earlier today that it plans to offer $500 million of convertible senior notes due 2030. The $4.3…
BIT Mining expands with new operations in Ethiopia
BIT Mining, a cryptocurrency mining firm listed on the New York Stock Exchange, has announced steps to expand its mining operations with new acquisitions in Ethiopia. The company revealed on Dec. 9…
Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt
Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology…
Bitcoin Miners’ Revenue Hit $71 Billion in Epic Milestone: Details
Bitcoin miners have reached a monumental milestone, earning a cumulative $71.49 billion, according to Glassnode. On Dec. 5, after 5,256 trading days, the Bitcoin price crossed $100,000 for the first…