Crypto
Cango's Bold Move into Bitcoin Mining: A New Industry Player Emerges
Cango transitions from an auto financing platform to a major bitcoin mining competitor.
Finance
Cango's Ambitious Leap into Bitcoin Mining
Cango's strategic acquisition of substantial mining power positions it among the top players in the Bitcoin mining industry.
Finance
Bitcoin's Hashrate Set to Reach New Heights Before Next Halving
Bitcoin's hashrate has surged significantly, indicating prospective milestones in mining efficiency and profitability ahead of the upcoming halving event.
Blockchain
Bitcoin's Computational Strength Set to Reach New Heights Before Next Halving
The Bitcoin network's hashrate has surged significantly in 2024 and is poised to break through critical milestones in the coming years.
Crypto
Expectations for Bitcoin Miners' Profitability in December Rise, According to Jefferies
Jefferies forecasts that December will be a profitable month for bitcoin miners following a strong November.
Crypto
Starboard Activist Investor Acquires Stake in Bitcoin Miner Riot
Starboard is urging Riot to pivot some of its mining operations towards high-performance computing capabilities.
Crypto
JPMorgan Boosts Ratings for Bitcoin Miners Cipher, CleanSpark, and MARA
JPMorgan has revised its ratings for several bitcoin mining stocks following positive quarterly results and boosts in bitcoin prices and hashrate.
Business
Square's Renewed Commitment to Bitcoin Mining Amidst Web5 Closure
Square is intensifying its focus on Bitcoin mining efforts while discontinuing its Web5 project, amidst a favorable environment for cryptocurrency following the recent U.S. presidential election.
Crypto
JPMorgan Reports Decline in Bitcoin Mining Earnings for October
JPMorgan highlights that Bitcoin miners face consecutive revenue and profit drops as mining challenges rise.
Crypto
Core Scientific: Poised to Harness AI Demand with Strong Market Position
Jefferies has rated Core Scientific as a 'buy' with a price target of $19, highlighting the company's strong potential in capturing demand from AI sectors.
Crypto
Blockstream Secures $210 Million to Propel Bitcoin Innovations
Blockstream has successfully raised $210 million to enhance its layer-2 technologies and expand mining operations.
Crypto
Bitcoin Mining Faces New Challenges as Record Hashrate Struggles with Price Decline
The Bitcoin mining landscape is experiencing increased pressure with record hashrate levels juxtaposed against declining profitability as Bitcoin prices drop.
News
TeraWulf Aims to Secure $500 Million in Bet on AI as the New Bitcoin
TeraWulf seeks to raise $500 million to finance a new AI-focused data center in Texas, following significant backing from major finance players.
News
Bitcoin Mining Difficulty Expected to Increase in December as Hashprice Remains Low
Bitcoin miners are experiencing temporary relief as difficulty declines, but forecasts indicate a rise in December.
Blockchain
Investigation Launched into Bitmain's Bitcoin Mining Operations by US Authorities
US officials are looking into potential national security threats posed by Chinese Bitcoin ASIC manufacturer Bitmain over possible remote control capabilities.
Industry
Canaan's Stock Soars Following Major 50,000-Rig Bitcoin Mining Contract
Canaan Inc. reports a significant rise in stock prices after securing a major order for Bitcoin mining rigs, indicating growing enthusiasm for Bitcoin mining in the U.S.
Crypto
Bitdeer Enhances Bitcoin Self-Mining Operations Amid Tapering Demand for Equipment
Bitdeer Technologies Group is intensifying its self-mining efforts as the demand for Bitcoin mining rigs decreases.
Bitcoin
Bitcoin Miners See Shares Rise Following Jane Street's Stake Disclosure
After Jane Street revealed its holdings in several Bitcoin mining firms, stocks in the sector surged, continuing a lengthy upward trend.
Crypto
Bitcoin Miner Strikes Gold with $347K Win, Showcasing Decentralization
A solo miner wins a significant block reward, embodying true self-sovereignty in Bitcoin mining.
Crypto
Canaan's Stock Soars Following Major Bitcoin Mining Equipment Contract
Canaan's significant Bitcoin mining deal signifies a strong resurgence in US Bitcoin mining interest, according to their CEO.
