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Crypto Miner Phoenix Group Reports 50% Jump in Net Income
15.2.2024
UAE-based blockchain mining firm Phoenix Group said it has seen a 50% growth in net income and a “substantial increase” in year-on-year sales following its initial public offering (IPO) on the Abu Dhabi Stock Exchange. In an announcement, Phoenix Group said sales experienced a surge of...
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
12.2.2024
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish signal for Bitcoin (BTC),...
Bitcoin Price Punches Above $48,000 Amid Strong ETF Inflows, Bullish Seasonality, Fading Miner Sell Pressure, US Equity Upside
9.2.2024
Bitcoin Price Punches Above $48,000 / Source: Dalle-3 The Bitcoin price topped $48,000 briefly on Friday for the first time since the first day following spot Bitcoin ETF launches on the 11th of January, and was last up close to 5.0% on the day. Bitcoin (BTC) bulls have taken decisive control...
Bitcoin Miner Shares Offer Good Entry Point Ahead of Halving Event: Bernstein
9.2.2024
The cryptocurrency has performed well before the halving and is likely to sustain momentum for the rest of the year, leading to new highs in 2024, the report said
Bitcoin Miner Iris Energy Inks AI Cloud Services Deal With Poolside AI
9.2.2024
The bitcoin mining corporation Iris Energy, listed on the Nasdaq, has declared its entry into a cloud services partnership with the artificial intelligence (AI) startup Poolside AI. The collaboration with Poolside comes after Iris acquired 248 Nvidia H100 graphics processing units (GPUs) for...
Bitcoin Surges Past $45,000 as Miner Selling Pressure Eases: CryptoQuant
8.2.2024
Bitcoin has surged over 4% in the past 24 hours, edging closer to the $45,000 threshold for the first time since mid-January. At the time of reporting, Bitcoin was trading at approximately $44,800, marking a 4.6% increase within the day and a notable 6.3% surge over the past week. While the influx...
Bitcoin Miner Hut 8 CEO Departs Amid Pump and Dump Allegations
8.2.2024
The CEO of Bitcoin miner Hut 8 has departed the role weeks after JCapital accused the company of colluding with partners and warnings over a possible pump-and-dump scheme. In a Feb 7 press release, the company disclosed a change in leadership, announcing Asher Genoot as the new Chief Executive...
Bitcoin Miner CleanSpark Purchases Four Mining Facilities, Set to Double Hash Rate
7.2.2024
Bitcoin miner CleanSpark announced in a February 6 press release that it had acquired four new mining facilities: three facilities in Mississippi and one facility in Dalton, Georgia. With these acquisitions, CleanSpark is set to double its hash rate in the first half of 2024, the company noted...
Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report
7.2.2024
Former CEO Jamie Leverton is succeeded by president Asher Genoot
Bitcoin Miner Selling Ahead of Halving Is Capping Prices: Bitfinex
6.2.2024
Miner reserves saw continued net outflows since bitcoin ETF debut, falling to its lowest level since June 2021, CryptoQuant data shows
Cleanspark Expands Bitcoin Mining Operations to Mississippi With $19.8 Million Acquisition
6.2.2024
The publicly traded bitcoin mining entity Cleanspark has unveiled plans to broaden its operational footprint into Mississippi through the purchase of three fully operational bitcoin mining sites in the area. Alongside these Mississippi locations, the firm also secured a site in Dalton, Georgia...
Bitcoin ETFs Trigger Massive Miner Outflows, Over $1 Billion Moved to Exchanges
6.2.2024
Bitcoin miners reportedly sell their asset reserves or leverage them to upgrade their capacity as inflows to cryptocurrency exchanges continue. A new report from Bitfinex Alpha Market shows Bitcoin ETF approvals by the United States Securities and Exchange Commission (SEC) impacted miners’...
MINAR: Revolutionizing Gaming with Decentralized Mining and NFT Integration
5.2.2024
PRESS RELEASE. Istanbul, Feb 5th, 2024 – Today, the gaming world stands on the brink of a transformative evolution as MINAR a pioneering project by Miner Arena, unveils a revolutionary gaming experience that combines decentralized mining with NFT integration. This groundbreaking venture...
GoMining Introduces New NFT Generation Flow With the Release of the Mine Box Collection
2.2.2024
  GoMining, the world’s first mining company to offer seamless access to mining BTC by holding NFTs backed with real computing power, has introduced a brand new logic for NFT miner generation. Now, NFT fans and bitcoin mining enthusiasts worldwide can generate and mint their own unique...
Core Scientific Becomes North America’s Largest Listed Bitcoin Producer, Generating 19,274 BTC in 2023
1.2.2024
Core Scientific has cemented its position as the largest listed Bitcoin (BTC) producer in North America, generating an impressive 19,274 BTC in 2023. In a recent post on X (formerly Twitter), the crypto miner said 13,762 BTC were mined by the company itself in its state-of-the-art data centers...
Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing
30.1.2024
GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol "GRDI" while continuing to trade on Cboe Canada under the same ticker
Bitcoin Mining Rig Manufacturer Canaan Raises $50 Million Through Preferred Shares Sale
25.1.2024
In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Canaan, a publicly traded manufacturer of bitcoin mining rigs, announced it has secured $50 million through the sale of preferred shares. This follows a successful acquisition of $25 million in a similar preferred share...
Bitcoin Miner Hut 8 Hits Out at Short-Selling Report
24.1.2024
The report by short-selling firm JCapital Research led to HUT sliding more than 23% on Jan. 18
Bitcoin Miner Core Scientific Announces Post-Bankruptcy Comeback to Return to Nasdaq
24.1.2024
Core Scientific has announced its return to the Nasdaq following a comprehensive reorganization post-bankruptcy. According to Core Scientific’s recent release, the Bitcoin miner has emerged from its Chapter 11 bankruptcy with a significantly strengthened financial position. The reorganization...
Iris Energy Boosts Bitcoin Mining Capacity to 6 EH/s, Eyes 20 EH/s Milestone by H2 2024
23.1.2024
According to an announcement from the publicly-listed bitcoin miner Iris Energy, the mining operation has increased its operating capacity to 6 exahash per second (EH/s) and expects an additional 4 EH/s to be online by the first half of 2024. Iris Boosts Mining Capacity to 6 EH/s Amidst IREN Share...