Gryphon Digital Mining, a Bitcoin Mining company, announced that it has entered into an agreement in Louisiana to acquire electricity at a cost of approximately 0.01 dollars per kilowatt-hour (kWh).…
The third largest Bitcoin mining firm on Wall Street is still quietly tightening its grip on Bitfarms (BITF), a smaller Canadian competitor, through a hostile takeover bid. As of August 13, Riot…
Miners listed in the U.S. have an advantage over private peers as they can raise capital easily, the broker said. Bernstein said it sees the large publicly traded U.S. bitcoin miners as consolidators…
Marathon Digital executives met earlier this month with Democratic National Committee Chair Jamie R. Harrison and his advisors, the Bitcoin mining firm’s Senior Vice President of Government Affairs…
Bitcoin (BTC) mining profitability experienced a slight decline in July compared to the previous month, according to a recent report from investment bank Jefferies. The analysis points to a drop in…
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate…
Hut 8 Corp. (HUT), a leading North American Bitcoin miner, announced its financial results for the second quarter ending June 30, 2024. The company reported a net loss of $71.9 million despite a 72%…
Bitcoin miner centralization threatens Bitcoin, but former President Donald Trump’s pledge to slash energy prices can ensure its decentralization. Bitcoin mining pools, the majority of Bitcoin mining…
As of recent data, Bitcoin has been trading close to the $59,000 range. Despite some miner capitulation, substantial accumulations were noted among larger mining entities. Bitcoin experienced…
BTC ETFs: +$11m, ETH ETFs: -$40m. BTC hits $56k then rebounds, $176m liquidated. Schumer says crypto policy can pass this year. Tether mints another $250m on SOL. Bernstein moves several BTC miners to…