Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from Bitmain’s financial services affiliate, Antalpha, pushing its total installed hashrate to 50 EH/s.…
In the rapidly evolving landscape of digital finance, a company’s strategic management of its treasury assets is a powerful indicator of its long-term vision and resilience. Canadian cryptocurrency…
In June, Bitcoin’s hashrate suddenly plunged to its lowest level in over a year. The decline came amid heightened political tensions between the US and Iran, prompting speculation about a potential…
In a research note released late Thursday, Cantor Fitzgerald says Core Scientific (CORZ) could fetch over $30 per share in a potential acquisition by cloud compute giant CoreWeave, citing both the…
While daily income of Bitcoin miners dropped significantly in June, according to CryptoQuant data, selling pressure is not yet felt in the market. Despite the decrease in income, miners continue to…
Bitcoin BTC$106,976.04 miner revenues have slid to their lowest levels in two months, but there’s still no sign of forced selling, even as profitability falls.Daily mining revenue dropped to $34…
The Bitcoin mining industry is on the brink of a major transformation in 2025, with the partnership between the Trump family and Hut 8 alongside Tether’s ambition to become the world’s largest mining…
The leading cryptocurrency Bitcoin (BTC) is on the rise again with FED Chairman Jerome Powell's interest rate cut statements and news of a ceasefire between Iran and Israel. At this point, while the…
One year after unsuccessfully trying to purchase Core Scientific (CORZ), cloud and AI infrastructure firm CoreWeave (CRWV) is again in talks with the bitcoin miner, according to the WSJ. Exact terms…
Cryptocurrency mining and staking company Bit Digital has announced that it will make a strategic transformation decision and switch to a structure focused solely on Ethereum staking and treasury…