Bitcoin Miners Eye $13.9B Annual Boost by...
Bitcoin miners may significantly boost their revenue by shifting some of their energy capacity to artificial intelligence (AI) and high-performance computing (HPC), according to...
Bitcoin Mining Profitability Dropped in July
Public Bitcoin miners in the US observed marginal losses in July while mining more BTC.
They can face greater losses this month because...
IMF Proposes 85% Tax Increase to Cut...
The International Monetary Fund (IMF) recently suggested a significant increase in electricity taxes for cryptocurrency mining, which could lead to a global reduction in...
Riot Platforms Registers Q2 Losses, Increases Mining...
Bitcoin miner Riot Platforms revealed a net financial loss of $84.4 million during Q2 2024, registering its first quarterly loss since Q4 2022. The...
Marathon Digital’s Stock Price Drops as Its...
Marathon Digital (MARA) observed declining stock price as it did not meet Wall Street’s profit expectations. The price fell as much as 8% on...
Hut 8 Secures Power Deal to Open...
Hut 8, a well-known Bitcoin mining firm, has secured a deal to acquire 205 megawatts of power in West Texas, as well as the...
Bitcoin Miners Are Operating at Losses After...
Only five miners remain profitable after bitcoin dropped to prices below $54,000, said f2pool, a crypto mining firm. “With #Bitcoin trading below $58k, what...
CleanSpark Buys GRIID in $155 Million Transaction
CleanSpark, one of the biggest Bitcoin miners in the US, has acquired GRIID Infrastructure, another Bitcoin miner, through a $155 million transaction. The merger...
Bitcoin Mining Firm Hut 8 Receives $150...
Hut 8 has secured $150 million from Coatue Management, causing its stock price to rise by at least 4%. Other Bitcoin miners who provide...
BTC Sees Whales and Miners Selling $1.2...
Bitcoin whales and miners have liquidated $1.2 billion of collective holdings, indicating increased profit-taking. It has been so ever since the largest cryptocurrency by...
