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Bitfarms stock earns analyst praise after ‘transformational’ deal
H.C. Wainwright analyst Mike Colonesse described Bitfarms’ agreement to acquire Stronghold Digital Mining as “a transformational acquisition.” The analyst commented on the Bitcoin (BTC) miner’s potential to benefit from the Stronghold acquisition in a note shared with crypto.news on Aug.… дальше »
2024-8-23 20:19 | |
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Bitcoin flashes indicator that often precedes higher prices: CryptoQuant
Bitcoin has signaled the end of miner capitulation, as indicated by the popular Hash Ribbons indicator, according to analysts at the on-chain data and analytics platform CryptoQuant. The analysts’ commentary on the potential for Bitcoin (BTC) to see a fresh… дальше »
2024-8-20 23:18 | |
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Greenidge Generation battles New York agency over Dresden power plant permit
Bitcoin miner Greenidge Generation has filed a lawsuit against the New York Department of Environmental Conservation (DEC) over licensing issues. According to an Aug. 15 court filing, the company seeks an injunction after the DEC denied its Title V air permit application for its Dresden power generation and mining facility. дальше »
2024-8-20 22:00 | |
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Marathon Digital buys $249m in Bitcoin after raising $300m from convertible notes
Marathon Digital has bought $249 million worth of Bitcoin using funds raised from a $300 million offering of convertible senior notes. In an Aug. 14 press release, Marathon, which is the largest public Bitcoin (BTC) miner by realized hash rate,… дальше »
2024-8-15 13:59 | |
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Core Scientific seeks raising $400m to repay outstanding loans
Bitcoin miner Core Scientific is offering $400 million in convertible notes due 2029 to repay in full the outstanding loans. The shares of Bitcoin miner Core Scientific (CORZ) plunged as much as 10% on Aug. 14, after the company announced… дальше »
2024-8-15 09:57 | |
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Puell Multiple drops as miner revenues hit 10-month low
Miner revenues serve as a barometer for the overall state of the Bitcoin ecosystem, reflecting the delicate balance between mining costs, Bitcoin price, and network difficulty. Since Apr. 24, miner revenue has consistently been below its 365-day simple moving average (SMA), with only two brief exceptions in early June. дальше »
2024-8-13 19:15 | |
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TeraWulf sees 130% revenue growth despite over 20% drop in Bitcoin production
Bitcoin miner TeraWulf has reported a 130% revenue increase in Q2 despite a more than 20% decline in crypto production. TeraWulf Inc., a public U.S.-based Bitcoin mining company, has announced its Q2 financial results, showcasing a 130% increase in revenue… дальше »
2024-8-13 11:17 | |
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Halving cycles amplify significance of Bitcoin transaction fees
Onchain Highlights DEFINITION: The percentage of miner revenue derived from fees, i. e. , fees divided by fees plus minted coins. Historically, the percentage of miner revenue from fees has exhibited periodic spikes during periods of heightened network activity and congestion, particularly during bull markets and major protocol upgrades. дальше »
2024-8-13 03:30 | |
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Largest Public Bitcoin Miner To Raise $250 Million For Massive BTC Acquisition
Marathon Digital Holdings, Inc. (NASDAQ: MARA), the world’s largest public listed Bitcoin miner with a market cap of more than $5 billion, has announced a strategic financial initiative to bolster its Bitcoin holdings through the issuance of $250 million in convertible senior notes. дальше »
2024-8-13 23:30 | |
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Surprise Surge: BlockDAG’s X1 Miner App Blasts Past 100k Users, Maker’s Price Jumps & TRX Shows Resilience
The Maker cryptocurrency has experienced a notable 18% increase in value within the last month. This rise has not gone unnoticed, capturing both investor and analyst interest. Predictions from financial experts suggest that Maker might soon hit a peak of $3,802. дальше »
2024-8-13 20:00 | |
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Nevada-Based Miner Marathon Digital to Boost Bitcoin Holdings with $250 Million Raise
Marathon Digital announces a $250 million raise via convertible senior notes issuance aiming to increase its Bitcoin holdings. The post Nevada-Based Miner Marathon Digital to Boost Bitcoin Holdings with $250 Million Raise appeared first on BeInCrypto. дальше »
2024-8-13 16:52 | |
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Bitcoin hashprice hits record low - Is a new miner crisis coming?
Bitcoin's hashprice has hit a record low, stroking fears of another round of miner crisis. Network Difficulty was up 10%, and daily miner revenue has tanked by 50%. Bitcoin's [BTC] hashpriThe post Bitcoin hashprice hits record low - Is a new miner crisis coming? appeared first on AMBCrypto. дальше »
2024-8-9 09:00 | |
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Bitcoin miner Core Scientific positive on future despite recent production drop
Core Scientific, having sidestepped bankruptcy, remains optimistic about its business future despite a 4.4% decline in production in July. Crypto mining company Core Scientific says the future of its Bitcoin (BTC) mining business is “bright” as it migrates miners to… дальше »
2024-8-6 16:38 | |
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Dev Release 85: BlockDAG Supercharges X1 Miner App & Blockchain Explorer!
BlockDAG has rolled out Dev Release 85, a crucial update that elevates the X1 mobile application and enhances the blockchain explorer. This update arrives just as the community buzzes with the excitement of the team’s reveal and CEO Antony Turner’s insights, heightening the anticipation of what’s next. дальше »
2024-8-5 20:00 | |
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CleanSpark finalizes Bitcoin site acquisition despite concerns
Bitcoin miner CleanSpark reported securing 75 MW in Wyoming despite previous national security concerns. American Bitcoin mining firm CleanSpark Inc. announced the successful acquisition of a Bitcoin mining site in Wyoming, overcoming previous national security concerns raised by the White… дальше »
2024-8-4 17:25 | |
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Bitcoin miner CleanSpark increased BTC treasury by 567% since 2023
US Public Bitcoin miner CleanSpark has released its unaudited Bitcoin mining and operations update for July 2024. It reports mining 494 BTC during the month and a 567% increase in its Bitcoin treasury compared to last year. дальше »
2024-8-2 16:51 | |
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Bitcoin miner CleanSpark expands with first site acquisition in Wyoming
CleanSpark said in a press release on Thursday that it has acquired its first Bitcoin mining site in Wyoming. The company executed 75 megawatts of power contracts, with 30 MW for the first site expected online by end of 2024. дальше »
2024-8-2 22:45 | |
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CleanSpark expands in Wyoming, overtakes Riot as second-largest Bitcoin miner in US
CleanSpark, the Nasdaq-listed Bitcoin miner, has announced significant expansions to its mining operations with groundbreaking facilities in Wyoming. This move positions CleanSpark as the second-largest Bitcoin miner in the United States by market cap, surpassing Riot Platforms whose stock has retreated for nine straight days although analysts at H. дальше »
2024-8-2 22:37 | |
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Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC
Bitfarms said its Bitcoin production and holdings increased last month despite the rising mining difficulty, according to an Aug. 31 statement. The crypto miner revealed a 33. 8% rise in Bitcoin production for July, attributed to a higher hashrate. дальше »
2024-8-2 21:15 | |
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Bitcoin mining analyst sees significant organic growth opportunities for Riot stock
Bitcoin miner Riot Platforms’ stock is a buy due to its significant organic growth opportunities, H.C. Wainwright analyst Mike Colonnese said in a note. The Riot Platforms stock is down 34% year-to-date amid a broader correction for Bitcoin (BTC) and… дальше »
2024-8-2 18:03 | |
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Riot Platforms posts $84.4 million loss in Q2 amid 52% decline in Bitcoin production
Bitcoin miner Riot Platforms reported a net loss of $84. 4 million for the second quarter, compared to a net loss of $27. 4 million during the same period last year. Despite the financial setback, the company reported $70. дальше »
2024-8-1 02:06 | |
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Bitcoin below $70k: Did miners play a part in the drop?
Bitcoin rose to $70,000 in the previous trading session. Miner reserve has continued to decrease, but BTC's price has slowed it down. Recently, there has been a slight rise in the outflow frThe post Bitcoin below $70k: Did miners play a part in the drop? appeared first on AMBCrypto. дальше »
2024-7-30 17:00 | |
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Bitcoin Miner Capitulation Comes To An End – Time To Buy BTC?
Indeed, the Bitcoin price has been on a hot streak in recent weeks, returning to its past heights most investors have become accustomed to. However, the past week was a somewhat quiet one for the premier cryptocurrency, as it was for most of the digital asset market. дальше »
2024-7-29 11:19 | |
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Marathon Digital pivots to 'full HODL' with its $100M Bitcoin purchase
Marathon Digital bought an extra $100 million as part of a new HODL approach. MARA plans to hold all its mined BTC and buy more from open markets Popular Bitcoin [BTC] miner Marathon DigitThe post Marathon Digital pivots to 'full HODL' with its $100M Bitcoin purchase appeared first on AMBCrypto. дальше »
2024-7-26 00:30 | |
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Bitcoin miner Riot Platforms acquires rival Block Mining for $92.5m
Colorado-based Bitcoin mining company Riot Platforms has acquired its Kentucky-based competitor Block Mining to increase its operational capacity by 16 EH/s. Bitcoin (BTC) miner Riot Platforms has acquired Block Mining, a Kentucky-based crypto mining firm, for $92.5 million to expand… дальше »
2024-7-24 09:50 | |
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BlockDAG’s Development Release 78 Recaps X1 Miner App Progress, Leadership Reveal Approaches, Boosting $30 Price Predictions
BlockDAG’s latest Dev Release 78 showcases significant progress and exciting updates that underline the project’s dedication to innovation and growth. This dev release highlights substantial achievements, including the successful launch of X1 miner app on the Amazon App Store and advancements in blockchain explorer development. дальше »
2024-7-24 03:00 | |
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Bitcoin Miner Capitulation Almost Over: What It Means For Price
On-chain data shows the Bitcoin mining revenue has neared its yearly average, a sign that capitulation could be coming to a close for miners. Bitcoin Miner Revenue Is Now Close To Its 365-Day SMA In a new post on X, analyst James Van Straten has discussed about how the situation of the BTC miners is […] дальше »
2024-7-24 00:00 | |
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Bitcoin miner IREN ventures into AI with GPU pilot and Morgan Stanley’s guidance
Bitcoin miner IREN (formerly known as Iris Energy) is the latest crypto mining company looking to profit from the artificial intelligence market boom, according to its July 23 Analyst & Investor Day presentation. дальше »
2024-7-23 19:15 | |
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As Ethereum and Solana Prices Drop, Interest in BlockDAG’s Miner Surges
Ethereum and Solana Prices Take a Hit; BlockDAG Miners Eye $100 Daily Wins Navigating the best cryptocurrency to invest in today poses a challenge due to ongoing market fluctuations and uncertainties. дальше »
2024-7-23 05:00 | |
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Launch of BDAG X1 Miner App! Updates on ETH & Solana’s Growth
BlockDAG X1 Miner App: Apple Store Users Can Now Mine 20 Coins Daily; Updates on Ethereum and Solana Price Surge The newly launched X1 Miner App from BlockDAG is now accessible via the Apple Store, allowing users to mine as many as 20 BDAG coins each day. Concurrently, Ethereum developers […] дальше »
2024-7-23 02:00 | |
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