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Bitcoin Mining

Covering the most recent crypto news on Canaan, Riot Blockchain, Bitfarms, Bit Digital, Hut 8, Hive Blockchain, Argo Blockchain and more.


Markets

Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies

Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the U.S. election in November, the report said.

By Will CannyJul 30, 2024

Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies

Markets

Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein

Investors can benefit by valuing the companies as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said.

By Will CannyJul 25, 2024

Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein

Finance

Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt 'Full HODL' Strategy

The miner holds over 20,000 bitcoin and plans to buy more in the open market.

By Aoyon AshrafJul 25, 2024

Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt 'Full HODL' Strategy

Markets

Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says

Riot will have the second-largest capacity among U.S. listed bitcoin miners following the purchase, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.

By Will CannyJul 24, 2024

Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says

Markets

Iren Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord

The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

By Will CannyJul 24, 2024

Iren Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord

Finance

Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit

The bitcoin financial firm previously planned to go public by end of this year.

By Aoyon AshrafJul 22, 2024

Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit

Markets

Bitcoin Miner Bitdeer Technologies Could be a Potential Takeover Target: Benchmark

The broker raised its price target for the shares to $16 from $13 while reiterating its buy rating on the stock.

By Will CannyJul 22, 2024

Bitcoin Miner Bitdeer Technologies Could be a Potential Takeover Target: Benchmark

Opinion

Bitcoin Mining Is So Back (Except It's AI Now)

Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices.

By George KaloudisJul 18, 2024

Bitcoin Mining Is So Back (Except It's AI Now)

Markets

Core Scientific Upgraded to Buy From Neutral to Reflect HPC Expansion: B Riley

The bitcoin miner will be a leader in hosting high-performance computing due to its lucrative deals with CoreWeave and management’s deep experience in operating enterprise data centers, the report said.

By Will CannyJul 17, 2024

Core Scientific Upgraded to Buy From Neutral to Reflect HPC Expansion: B Riley

Finance

Loka Launches Bitcoin Mining Pool for Institutional Investors With Support From Hashlabs

Institutional investors will be able to buy bitcoin futures at below-market rates from miners using sustainable energy.

By Will CannyJul 16, 2024

Loka Launches Bitcoin Mining Pool for Institutional Investors With Support From Hashlabs

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