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BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
2025 Kicks Off With Big Wins on Wall Street for Bitcoin Miners
2.1.2025
It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances. Bitcoin Miners Ride High:...
Publicly Listed Miner Bitfufu Ramps Up: Secures a Fleet of 80,000 Miners From Bitmain
2.1.2025
On Jan. 2, 2025, the publicly traded company Bitfufu announced its latest strategic move, securing a partnership with Bitmain to acquire a whopping 80,000 Antminer S units from the prominent ASIC bitcoin mining machine producer. Bitfufu’s Bold Move With Bitmain In a recent disclosure to...
Bitcoin Mining Revenue in 2024: A Year of Change and Challenges
31.12.2024
Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s block reward dropped from 6.25 BTC to 3.125 BTC at block 840,000 in mid-April, the dynamics of mining profitability shifted dramatically...
Bitcoin’s Price Rollercoaster Takes Miners for a Ride—Hashrate Begins to Recover
24.12.2024
Last week, the price of bitcoin took a tumble, and right alongside it, the network’s computing muscle flexed down from a whopping 806 exahash per second (EH/s) on Dec. 14 to a mere 771 EH/s by Dec. 21. However, over the past three days, the hashrate has bounced back, rising by 11 EH/s from...
Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says
19.12.2024
November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said
Bitcoin miners as energy buyers, explained
15.12.2024
Bitcoin miners are emerging as dynamic energy buyers, using sophisticated strategies to adjust their energy consumption based on supply and demand
CleanSpark to raise $550M via bond, not buy BTC with proceeds
13.12.2024
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds
CleanSpark to raise $550M via bond, not buy BTC with proceeds
13.12.2024
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds
Riot Platforms buys more than $500M in Bitcoin
13.12.2024
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value
Riot Platforms buys more than $500M in Bitcoin
13.12.2024
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value
Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
13.12.2024
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin's giant market cap
Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
13.12.2024
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap
Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan
13.12.2024
The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said
Starboard Value takes stake in Riot Platforms, eyes AI shift
12.12.2024
The activist investor is said to be pushing Riot to optimize the use of its facilities the same way many of its colleagues already have
Starboard Value takes stake in Riot Platforms, eyes AI shift
12.12.2024
The activist investor is said to be pushing Riot to optimize the use of its facilities like many of its peers
JPMorgan raises price targets on Bitcoin mining stocks
10.12.2024
The increases partly reflect a "HODL premium" akin to MicroStrategy's, the analysts said
JPMorgan raises price targets on Bitcoin mining stocks
10.12.2024
The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said
Efficiency Meets Power: Microbt Launches New Whatsminer Bitcoin Miners in Abu Dhabi
10.12.2024
Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines during the Bitcoin MENA Conference in Abu Dhabi. Microbt Ignites Mining Competition With Advanced Whatsminer Machines The fresh lineup...
Fred Thiel: The Michael Saylor of the Bitcoin Mining Industry
10.12.2024
The CEO of MARA Holdings has gone all-in on bitcoin, adding billions of dollars worth of the world’s largest cryptocurrency to MARA’s balance sheet