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Riot Platforms Reports Q3 Results: Generates 1,106 Bitcoins and Raises Over $200 Million
9.11.2023
Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Riot Platforms has released its financial report for the third quarter, showcasing notable improvements despite missing earnings and sales estimates. Per the report, Riot Platforms generated 1,106 Bitcoins during the quarter, marking...
Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue
8.11.2023
The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year
Best Crypto to Buy Now November 8 – Toncoin, Kaspa, Gala
8.11.2023
Explore what experts are saying about the best crypto to buy now, focusing on long-term potential and recent market trends in the crypto space. Image by cryptonews.com. Gala seems to be one of the best crypto to buy now, as the Gala price is surging by over 8% following the project’s...
Marathon, Riot among most overvalued Bitcoin mining stocks: Report
8.11.2023
Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks
Bitcoin Mining Company Hut 8 to Bid for Natural Gas Power Plants and Bitcoin Facility
7.11.2023
Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Canada-based miner hopes to integrate these services to expand its business to sell power to the market and develop...
China’s BTC Digital Bolsters Bitcoin Mining Capability with 220 Units – Crypto Mining Making a Comeback?
6.11.2023
BTC Digital, a Chinese Bitcoin mining firm with operations in the US, has announced the purchase of 220 Bitmain Antminer S19j Pro Bitcoin mining machines, bolstering its Bitcoin mining capabilities. According to an announcement from the firm, the machines, which are set to be delivered...
Bitcoin Mining Profitability Soars as 2023 Nears End: Daily Earnings Hit New Highs
6.11.2023
As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per second (TH/s) with electricity expenses at $0.07...
Bitcoin Mining Revenue Soared in October, Securing Second-Highest Monthly Earnings of 2023
4.11.2023
In October, the landscape of bitcoin mining revenue brightened, climbing by $131.45 million over September’s figures. Last month’s surge in BTC prices significantly bolstered revenues, although there was a slight dip in the earnings from fees, which saw a $5.44 million decrease from...
Best Crypto to Buy Now November 3 – TWT, APE, ADA
3.11.2023
Trust Wallet Token (TWT) , ApeCoin (APE), Cardano (ADA), Bitcoin Minetrix (BTCMTX), and Meme Kombat  (MK) are being closely watched by analysts as the potential best crypto to buy now, given the ongoing uncertain cryptocurrency market activity. Trust Wallet Token (TWT) has seen its price surge...
English school turned BTC miner in China expands capacity with 220 new units
3.11.2023
BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee
Argentina Presidential Candidate Proposes Mining Bitcoin With Residual Natural Gas, Faces Skepticism
3.11.2023
Argentina’s presidential hopeful Sergio Massa unveiled plans to utilize excess natural gas from the Vaca Muerta oil fields to mine Bitcoin. However, following his proposal, the local crypto community opposed the government’s direct involvement in Bitcoin (BTC) mining. In late October...
Marathon Digital and Nodal Power Unveil Methane-Fueled Bitcoin Mining Pilot in Utah
3.11.2023
On Thursday, Marathon Digital, a publicly traded bitcoin mining company, announced its partnership with Nodal Power, revealing plans to initiate an innovative 280-kilowatt (kW) bitcoin mining pilot project in Utah. The project harnesses biogas, specifically methane from a landfill, to fuel...
Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K
2.11.2023
Bitcoin [BTC] mining stocks soared Thursday amid stable bitcoin price near its 17-month highs and bullish equity markets
Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project
2.11.2023
The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement
Best Crypto to Buy Now November 2 – Aave, Solana, The Sandbox
2.11.2023
With Bitcoin still trying to surmount the $35,000 level, analysts have flagged Aave (AAVE),  Solana (SOL), The Sandbox (SAND), Bitcoin Minetrix (BTCMTX), and Meme Kombat (MK) as some of the best crypto to buy now as the broader crypto market continues to trend upwards. AAVE stalled after...
Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill
2.11.2023
The 280 Kilowatt (kW) pilot project in Utah is already operational
Tether issues $610M debt financing to Bitcoin miner Northern Data
2.11.2023
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives
Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again
2.11.2023
Northern Data AG, Europe’s largest Bitcoin mining company, has secured a debt financing facility of around $610 million from a company within the Tether Group amid advancements in ASIC technology that have made mining profitable again. The loan agreement, which has a term until January...
Best Crypto to Buy Now November 1 – Rollbit, Theta Network, NEO
1.11.2023
With cryptocurrency markets continuing to see positive momentum, analysts are watching Rollbit Coin (RLB), Theta Network (THETA), Neo (NEO), Bitcoin Minetrix (BTCMTX), and Meme Kombat (MK) as potential prospects for the best crypto to buy now. Rollbit Coin has seen impressive gains over the past...
Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner
1.11.2023
America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock in a new publicly traded mining entity. New York...