Bitcoin miner Marathon Digital Holdings reported a significant loss for the second quarter of this year, citing the impact of Bitcoin’s halving event on its operations as rivals posted similar…
The shares of bitcoin miner Marathon Digital (MARA) fell as much as 8% on Thursday post-market trading after the company's second quarter revenue missed Wall Street's expectations. The shares have…
In a recent social media post, cryptocurrency mogul Mike Novogratz stated that 2024 is a "pivotal" year for Bitcoin mining. He has stated that the industry managed to display "incredible resilience"…
CleanSpark (NASDAQ: CLSK), the second biggest Bitcoin (BTC) producer on Wall Street by market capitalization, announced today (Thursday) the execution of 75 megawatts (MW) of power contracts and the…
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…
Bitcoin miner Riot Platforms has intensified its acquisition strategy against rival Bitfarms by purchasing approximately 10 million additional shares this month, according to a July 31 filing with the…
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened…
According to Julio Moreno, head of research at cryptocurrency analytics firm CryptoQuant, has noted that bigger miners are currently in accumulation mode. Meanwhile, smaller miners have been on a…
Listed both on Wall Street and the London Stock Exchange (LSE) Bitcoin miner Argo Blockchain, has announced a £6.5 million private placement agreement with an institutional investor. The deal involves…
After the recent Bitcoin (BTC) halving, the dynamics in BTC mining have changed significantly, affecting both small and big miners. While the smaller miners are dumping their Bitcoin to cover…