11 / 36 Relevant items tagged with #BitcoinMining

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Bitcoin Miner Selling Cools Off – Is This The Breakout Moment?

[Jun 28 6:30 AM] In an analysis provided by CryptoQuant, a significant change in Bitcoin miner behavior has been noted, potentially indicating a turning point. CryptoQuant analyst, known as Crypto Dan, outlined a reduction in miners’ selling pressure, which…

Bitfarms adds board member to deter Riot Platforms takeover

[Jun 28 2:11 AM] Despite initially planning to buy all Bitfarms’ shares at $2.30 per share, Riot withdrew the offer, stating that cooperating with Bitfarms’ current board was difficult.

Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations

[Jun 27 1:40 PM] In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity…

Bitcoin Miner CleanSpark to Buy Peer GRIID in $155M Deal

[Jun 27 8:20 AM] The deal will be all-stock based and has been approved by both companies' board members.

Satoshi era Bitcoin wallet wakes up after 14 years, sends 50 BTC to Binance

[Jun 27 3:44 AM] The Bitcoin wallet belongs to a miner who earned 50 BTC as mining rewards in July 2010, a time when BTC was trading at $0.05.

Analyst Says Speculators and Bitcoin Miners Responsible for BTC’s Recent Plunge Below $60,000

[Jun 26 4:00 PM] A combination of speculators continuously opening new long positions and miners dumping נitcoin to pay for hardware upgrades caused the top cryptocurrency to plunge to $58,000, according to an onchain analyst. The analyst expects the top…

Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue

[Jun 26 2:05 PM] The miner has mined 93 million worth of KAS tokens since Sept. 2023.

CoreWeave expands Core Scientific computing deal by $1.225B

[Jun 25 12:54 PM] Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities.

Iceland’s crypto industry has promising future, but faces energy challenges

[Jun 25 7:52 AM] Energy-rich Iceland is “making strides” in crypto, says Gulli Gislason of Viska Digital Assets.

JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal

[Jun 24 4:11 PM] Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization…

How DePIN is poised to disrupt the cloud computing industry: Report

[Jun 24 12:10 PM] Cointelegraph Research uncovers how DePIN networks and SwanChain’s ecosystem are changing the cloud computing industry.

Riot seeks three Bitfarms board members, says it holds 14.9% stake

[Jun 24 9:34 AM] The mining firm said it intended to replace Bitfarms board members — including its interim CEO — with three people “completely independent” of both companies.

Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

[Jun 24 9:29 AM] The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.

Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board

[Jun 24 8:09 AM] Riot is Bitfarms' largest shareholder, owning 14.9% of the firm.

Bitcoin Mining Sector Is Attracting Growing Investor Interest Following Core Scientific Deal: JPMorgan

[Jun 24 4:42 AM] Iris Energy is best positioned to take advantage of the HPC/AI opportunity, the report said.

Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining

[Jun 21 3:10 PM] Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system efficiencies and…

Marathon’s BTC mining is heating an entire town in Finland

[Jun 21 3:40 AM] Selling excess heat from Bitcoin mining could be another financial lifeline for miners after the 2024 Bitcoin halving.

Marathon Uses Bitcoin Mining To Heat Town of 11,000 in Finland

[Jun 20 3:02 PM] Today, Marathon Digital Holdings, Inc. (NASDAQ: MARA), a leader in Bitcoin mining, has launched an innovative pilot project to recycle heat generated from Bitcoin mining to warm a community in Finland. The 2-megawatt data center, energized at the…

Bitcoin miner reserves drop to lowest in 14 years

[Jun 20 2:46 AM] Miners are holding the least Bitcoin on their balance sheets since February 2010, but the fiat value of their reserves is hovering around an all-time high.

Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO

[Jun 18 11:30 PM] LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners.

CleanSpark acquires 5 mining facilities in Georgia

[Jun 18 10:45 AM] The new facilities are expected to increase CleanSpark’s hashrate to over 20 exahashes per second by the end of June, spokespeople claimed.

Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves

[Jun 18 10:03 AM] Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say.

Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million

[Jun 18 9:10 AM] Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month…

Bitmain’s New S21 Bitcoin Mining Rigs Debut With up to 473 TH/s of Hashpower

[Jun 18 7:35 AM] At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an…

US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says

[Jun 17 2:16 PM] As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in stocks like Core Scientific, Terawulf, and Iren. The…

Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin

[Jun 17 11:17 AM] The company revealed that its also running Bitcoin and Lightning network nodes.

Bitcoin Mining Cost At $86,700: Price To Surpass This Soon?

[Jun 17 10:30 AM] Data suggests the average cost of mining Bitcoin is standing around $86,700 right now. Here’s what history suggests could happen next for BTC. Bitcoin Average Mining Cost Is Currently Notably Higher Than The Price In a new post on X, analyst…

T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations

[Jun 16 9:10 AM] This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin node and a Lightning Network node. Deutsche Telekom, Europe’s largest telecommunications provider and the parent…

Latam Insights: Paraguay Unveils Bitcoin Mining Centric Development Strategy, Itau Unibanco Rolls Crypto Trading for All Customers

[Jun 16 6:45 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay unveiled a bitcoin mining-centric strategy, Itau Unibanco rolled out crypto trading services for…

Trump Champions Bitcoin Mining, Vietnamese Increase Gold Buying, and More — Week in Review

[Jun 16 5:45 AM] Former U.S. President Donald Trump expressed support for the bitcoin mining industry, advocating for producing the remaining bitcoin in the U.S. to enhance national energy dominance. Vietnam sees increased interest in gold bullion purchases due to…