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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

U.S.-Listed Bitcoin Miners' Share of Global Hashrate Reached Record in July: JPMorgan

The aggregate market cap of 14 tracked bitcoin miners listed in the U.S. rose 29% since the end of June, the report noted.

By Will CannyJul 16, 2024

U.S.-Listed Bitcoin Miners' Share of Global Hashrate Reached Record in July: JPMorgan

Markets

Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein

The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.

By Will CannyJul 12, 2024

Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein

Opinion

Why AI's Energy Use Isn't Demonized Like Bitcoin's

AI's utility is more obvious to everyday people than the cryptocurrency's, and AI's risks are so much greater that power consumption fears seem beside the point.

By George KaloudisJul 11, 2024

Why AI's Energy Use Isn't Demonized Like Bitcoin's

Finance

Bitcoin Miner Ionic Digital Hires CFO to Shepherd IPO

The company, which bought all of bankrupt lender Celsius' mining assets, said new CFO John Penver has over 18 years of data center technology and infrastructure experience.

By Aoyon AshrafJul 11, 2024

Bitcoin Miner Ionic Digital Hires CFO to Shepherd IPO

Markets

Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein

The broker initiated coverage on miners Iris Energy and Core Scientific with outperform ratings.

By Will CannyJul 10, 2024

Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein

Finance

Private Equity Giants Are Circling Bitcoin Miners on AI Allure

Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.

By Will Canny, Aoyon AshrafJul 5, 2024

Private Equity Giants Are Circling Bitcoin Miners on AI Allure

Finance

Bitcoin Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant

Miner capitulation levels are now comparable with those in end of 2022, which was the market bottom after FTX implosion, CryptoQuant said.

By Oliver KnightJul 3, 2024

Bitcoin Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant

Finance

Bitcoin Miner CleanSpark to Buy Peer GRIID in $155M Deal

The acquisition will be all-stock based and has been approved by the boards of both companies.

By Aoyon AshrafJun 27, 2024

Bitcoin Miner CleanSpark to Buy Peer GRIID in $155M Deal

Finance

Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue

The miner has mined 93 million of KAS tokens since Sept. 2023.

By Aoyon AshrafJun 26, 2024

Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue

Finance

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.

By Aoyon AshrafJun 24, 2024

Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

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