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Marathon CEO Says Bitcoin’s Upcoming Halving Event is Already Partially Priced In
10.4.2024
Bitcoin's highly anticipated "halving" event may already be partially factored into the market, according to the CEO of Marathon Digital Holdings Inc., the largest cryptocurrency miner in the United States.
The post Marathon CEO Says Bitcoin’s Upcoming Halving Event is Already Partially...
Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant
6.4.2024
Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks. Cryptoquant highlighted a peak in daily sales to over-the-counter (OTC) trading desks, a figure unmatched since...
Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord
5.4.2024
The broker cut its price target to $14 from $17.50 while maintaining its buy rating
Banks Seek to Purchase Bitcoin Directly From BTC Mining Firm Hut 8, Says CEO
4.4.2024
Per the CEO of Hut 8, a bitcoin mining company listed on the Toronto stock exchange, major financial institutions have made inquiries to purchase bitcoin directly from the firm. Additionally, the Hut 8 executive emphasized the forthcoming halving event’s “big impact,” noting...
Bitmain Reveals S21 Pro Bitcoin Miner: Pioneering 15 Joules per Terahash
29.3.2024
On Friday, the producer of bitcoin-specific application-specific integrated circuit (ASIC) mining equipment, Bitmain, unveiled the latest Antminer S21 Pro model during the World Digital Mining Summit (WDMS). This new device features a hashrate of approximately 234 terahash per second (TH/s)...
Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion
28.3.2024
Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders...
Crypto Chip Company Katena Wins Lawsuit Filed by Bitcoin Miner Coinmint
27.3.2024
Crypto technology firm Katena Computing didn't trick miner Coinmint into a $150 million purchase agreement, a panel of arbitrators ruled last month in the mining company's suit against Katena and a semiconductor company called DX Corr
Pennsylvania State, Crypto Miner Sued for Polluting Environment
27.3.2024
Pennsylvania environmental NGO – Save Carbon County – filed a lawsuit in a state court, accusing Stronghold Digital Mining for environmental contamination through Bitcoin mining.
The post Pennsylvania State, Crypto Miner Sued for Polluting Environment appeared first on Cryptonews
Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms
27.3.2024
Crypto mining firm Bitdeer Technologies is reportedly in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity.
The post Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms appeared first on Cryptonews
Bitdeer to Boost BTC Mining Capacity With Proprietary Sealminer A1 Rigs, Eyeing 46 EH/S Milestone by 2025
26.3.2024
The Nasdaq-traded company specializing in bitcoin mining, Bitdeer, has unveiled its strategy to boost its overall hashrate by an additional 3.4 exahash per second (EH/s) through the deployment of its proprietary Sealminer A1 mining devices. These advanced rigs are slated for setup within Bitdeer’s...
Bitcoin Miner Arkon Energy Plans Public Listing in Amsterdam Through Merger With Shell Company
26.3.2024
The two parties agreed on a 90-day mutual exclusivity period on Feb. 21 to work toward a definitive agreement
South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin
26.3.2024
Nilam Resources enters a letter of intent with Xyberdata to acquire MindWave, securing 24,800 Bitcoin and expanding its digital assets holdings to issue a new stock.
The post South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin appeared first on Cryptonews
Bitcoin Miner Bitdeer Is 'Differentiated' From Peers, Shares Are Cheap: Benchmark
14.3.2024
Stock appears undervalued given the wide gap between the company’s valuation and its growth prospects, the report said
Bernstein Is 'Now More Convinced' That Bitcoin Will Hit $150K After Massive Rally
11.3.2024
Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report
Digihost Secures Hosting Deal for 4,640 S19 XPs With Leading Bitcoin Miner Manufacturer
6.3.2024
Digihost Technology Inc., a blockchain technology and mining enterprise based in the U.S., revealed a significant augmentation of its bitcoin mining capabilities, courtesy of a multi-year hosting contract with a “leading” global provider of digital currency mining equipment. Digihost Expands Mining...
Bitcoin Miner Bitdeer Says It Has Launched Its ‘First Cryptocurrency Mining Chip’
5.3.2024
Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer claimed that the chip could potentially improve bitcoin mining performance without excessive power consumption. New Rig to Help Bitcoin Miners Minimize...
U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal
1.3.2024
The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms
Michael Novogratz Predicts Bitcoin Correction Before Achieving Historic High
1.3.2024
Galaxy Digital's CEO Michael Novogratz cautions investors of potential downturns in Bitcoin's price rally before it surges to unprecedented levels, signaling a volatile path ahead.
The post Michael Novogratz Predicts Bitcoin Correction Before Achieving Historic High appeared first on Cryptonews
Protocol Village: Bitcoin Miner Marathon, Plans 'Anduro,' a Multi-Chain Layer-2
29.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 29-March 6
Bitcoin Miner Marathon's Sales Beat Fails to Impress Wall Street
28.2.2024
The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs