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JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal
25.6.2024
Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization of 14 tracked miners has increased by $4 billion...
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
24.6.2024
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific
Bitcoin miners are treading water, but no alarms of a 'total firesale'
22.6.2024
Bitcoin miners are not “full-scale bear market level capitulating,” according to a crypto analyst
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
18.6.2024
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners...
US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says
17.6.2024
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in stocks like Core Scientific, Terawulf, and Iren. The overall sector market cap has increased by 24% since...
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
17.6.2024
As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted
Bitcoin Runes racks up over 2500 BTC in fees under 2 months
17.6.2024
Runes-related transactions could extend a significant revenue boost for Bitcoin miners, after the 2024 halving
U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan
17.6.2024
Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said
Nicehash Partners With Marathon to Launch Custom Firmware for ASIC Bitcoin Miners
15.6.2024
The bitcoin hashing power marketplace, Nicehash, has launched custom software for ASIC miners optimized for its mining platform. The firmware is designed to help miners drive greater efficiency from ASIC devices and increase revenue. Nicehash CEO said the collaboration with Marathon will strengthen...
Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings
13.6.2024
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s. The hashprice, which represents the expected value of 1 petahash per second (PH/s) of hashing power per day, is about $57 per petahash. Mining...
US Bitcoin miners silent in face of Kerrisdale ‘snake oil’ claims
13.6.2024
U.S. Bitcoin miners have remained tight-lipped following a recently released Kerrisdale Capital report criticizing the industry
Bitcoin miners rise 10% after Trump promises to back US miners
13.6.2024
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific
Trump's Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical
12.6.2024
It may seem like the industry is finally getting the political support it needs. But proceed with caution
Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High
12.6.2024
Transfers from bitcoin {{BTC}} mining pools to exchanges reached a two-month high this week as BTC hovered around its local high $70,000
Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says
12.6.2024
The two industries could add a collective $20 trillion to global GDP by 2030, the report said
Bitcoin Runes outperforms BRC-20 in onchain activity
12.6.2024
Since April 2024, Runes have led Bitcoin network activity, outpacing both Ordinals and BRC-20 in transaction share
Trump hosts Bitcoin mining executives at Florida residence
12.6.2024
Executives from the U.S. Bitcoin mining industry pitched the presidential candidate on how they could strengthen the electrical grid and create new jobs
Bitcoin Mining Stocks Soar Amid Takeover Frenzy
6.6.2024
The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts
Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says
5.6.2024
U.S. listed bitcoin miners draw up to 5 gigawatts of power and have access to an additional 2.5 GW, making them attractive potential takeover targets, the report said
Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K
4.6.2024
Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market