Tag: miners
Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are now looking at bitcoin miners in a much more different way after Core Scientific signed 200MW deal with CoreWeave in June, th [...]
Bitcoin (BTC) Price Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant
Two signs of miner capitulation are dwindling hashrate and mining revenue by hash (hashprice), both of which are down significantly this month, with h [...]
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
w [...]
Bitcoin Miner Riot Platforms (RIOT) Ditches Bitfarms (BITF) Takeover, Seeks to Overhaul Board
Riot, which became Bitfarms' largest shareholder and owns 14.9% of the company, called for a special meeting to remove Bitfarms' Chairman and interim [...]
Bitcoin (BTC) Miners Are Attracting Growing Investor Interest Following Core Scientific (CORZ)’s AI Deal: JPMorgan
Overweight-rated Iris Energy (IREN) is best positioned to take advantage of the opportunity, the report said, noting that the company has excess power [...]
Bitcoin (BTC) Hashrate May Finally Slow as Miners Face Scorching Summer Heatwave
In fact, the hashrate has already started to come down since reaching an all-time high in March. As of June 17, it is lower by 10% to 589 EH/s, accord [...]
U.S.-Listed Bitcoin (BTC) Miners Reached Record Total Market Cap of $22.8B in June, JPMorgan (JPM) Says
The bank noted that almost all the companies outperformed bitcoin in the first two weeks of June, with Core Scientific (CORZ) the best performer, addi [...]
Trump’s Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical
Many see it as frankly embarrassing to be buddying up with any politician, putting aside Trump’s Napoleonic sized ego. Bitcoin writer and privacy advo [...]
Bitcoin (BTC) Selling By Miners Rises to Two-Month High
The prior day, miners sent more than 3,000 BTC ($209 million) to exchanges with the majority of that coming from the btc.com mining pool into Binance. [...]
Bitcoin (BTC) Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan (JPM) Says
Mergers and acquisitions are heating up in the mining sector, after the halving. On Tuesday, shares of Core Scientific (CORZ) surged higher after clou [...]
Miners Eye Middle East as Next Region for Growth
“Compared to the U.S., the south of Oman has a few geopolitical advantages that are unique. It is very good for connections, as it’s next to submarine [...]
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, [...]
U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat t [...]
Bitcoin (BTC) Miners Have Raked in Abnormal Transaction Fees Since the Halving: Bernstein
The report said that the total miner revenue is currently about triple the pre-halving level, at around 22 bitcoins versus 7 bitcoins before. Bernstei [...]
Bitcoin (BTC) Miners May Shift Towards AI Following the Halving, CoinShares Says
“The weighted average cash cost of production in Q4 was approximately $29,500; post-halving, it is projected to be about $53,000,” the authors wrote. [...]