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” Crypto mining stocks surge to yearly highs after Bitcoin bounces back “ The Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining stocks. Many crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stocks also relieved the troubled miners who had to sell a significant…
” Argo Blockchain mines 25% less Bitcoin due to winter storm at Helios “ Publicly-listed Bitcoin (BTC) mining company Argo Blockchain saw a significant drop in mining activity in December due to a winter storm in Texas. On Jan. 11, Argo released its first operational update since selling its flagship mining facility Helios to Mike…
” NY law firm investigates potential ‘securities fraud’ at Core Scientific “ A New York-based law firm says it has begun an investigation into whether Bitcoin miner Core Scientific and its leadership potentially engaged in “securities fraud and other unlawful business practices” which led to its stock price falling on several occasions. According to securities class action…
” Bitcoin mining stocks surge with broader market as traders see less aggressive Fed “ Shares of publicly traded Bitcoin (BTC) miners surged on Jan. 9 as traders piled into equity markets amid growing bets that the United States Federal Reserve would soon be able to relax its aggressive fight against inflation. Bitcoin miners Riot…
” BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts a new week on a promising footing with BTC price action near one-month highs — can it last? In a new year’s boost to bulls, BTC/USD is currently surfing levels not seen since mid-December,…
” Marathon Digital experiments with overclocking to increase competitive advantage “ One of the largest Bitcoin mining operations in North America, Marathon Digital Holdings, has shared in an update that it has been experimenting with overclocking to increase its competitive advantage in the Bitcoin mining industry. Overclocking is the practice of increasing the clock speed…
” 1.5M houses could be powered by the energy Texas miners returned “ During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid. It became possible due to the flexibility of mining operations and the ancillary services, provided by the…
” Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023 “ After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts. Bitcoin mining cost minimization will likely lead public miners to either go private or merge with other…
” Iran court orders the release of seized crypto mining equipment “ Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was previously seized as a measure to conserve energy. Since 2021, Iran’s Organization for Collection…
” Bitcoin miners see mixed successes in tackling debt-fueled overexpansion crisis “ According to a recent report by Hash Rate Index, publicly-listed Bitcoin (BTC) miners took on more than $4 billion worth of debt during the run-up to the crypto bull market. Mesmerized by rising prices, industry rushed hand over fist to purchase Bitcoin application-specific…