Tag: Bitcoin Mining

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Bitcoin Miner Riot Platforms (RIOT) Falls After Being Targeted by Short-Seller Kerrisdale

Bitcoin Miner Riot Platforms (RIOT) Falls After Being Targeted by Short-Seller Kerrisdale

"Like other US listed miners, $RIOT’s biz model is a dysfunctional hamster wheel of cash burn, which is why it loots retail shareholders with non-stop [...]
Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More

Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More

Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said. www.co [...]
Riot (RIOT) Takeover Proposal “Significantly Undervalues” Bitfarms (BITF), Crypto Miner Says

Riot (RIOT) Takeover Proposal “Significantly Undervalues” Bitfarms (BITF), Crypto Miner Says

A committee of the board considering the approach "determined it significantly undervalues the company and its growth prospects," the Toronto-based fi [...]
Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share

Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share

Bitfarms' shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot's announcement. www.coindesk.com [...]
Bitcoin (BTC) Miner Marathon Digital (MARA) Signs Deal With Kenya to Invest in Green Energy Projects

Bitcoin (BTC) Miner Marathon Digital (MARA) Signs Deal With Kenya to Invest in Green Energy Projects

Renewable energy is Kenya's main power source, responsible for 80% of all electricity generation in 2022, with plans to increase its share to 100% by [...]
Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it

Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it

President Biden's emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark str [...]
Bitcoin (BTC) Mining Cost Estimate Drops to $45K as Inefficient Miners Exit: JPMorgan

Bitcoin (BTC) Mining Cost Estimate Drops to $45K as Inefficient Miners Exit: JPMorgan

“The boost from Runes proves short-lived, however, with users' activity and fees dropping dramatically over the past week or two,” the authors wrote, [...]
Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum

Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum

The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said. www.co [...]
Bitcoin Miner Marathon (MARA) In Talks With Kenya to Help With Its Green Energy Ambitions

Bitcoin Miner Marathon (MARA) In Talks With Kenya to Help With Its Green Energy Ambitions

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Bitcoin (BTC) Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein

Bitcoin (BTC) Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein

“With the decrease in hashrate, market share of our 3 covered miners has gone up after halving by almost 20 basis points (bps),” analysts Gautam Chhug [...]
Bitcoin Miner Stronghold (SDIG) Explores Strategic Options, Including Sale

Bitcoin Miner Stronghold (SDIG) Explores Strategic Options, Including Sale

"The company is considering a wide range of alternatives to maximize shareholder value, including, but not limited to, the sale of all or part of the [...]
Jack Dorsey’s Block Completes Bitcoin Mining Chip, Will Build Full Mining System

Jack Dorsey’s Block Completes Bitcoin Mining Chip, Will Build Full Mining System

Although chip efficiency has rapidly improved in recent years as demand for bitcoin has picked up, the latest halving event on April 20, which cut the [...]
Bitcoin Miners Reap Windfall as ‘Runes’ Debut Sends Transaction Fees to Record Highs

Bitcoin Miners Reap Windfall as ‘Runes’ Debut Sends Transaction Fees to Record Highs

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Bitcoin Halving Promises New Market Dynamics as Miners Adjust to Reduced Rewards

Bitcoin Halving Promises New Market Dynamics as Miners Adjust to Reduced Rewards

Since the halving is programmed to occur every 210,000 blocks, it creates a distinct time frame between these events that lasts about four years. In t [...]
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