HIVE Digital Technologies (Nasdaq: HIVE), the Bitcoin mining company, has seen its stock rally as the firm recently claimed to have captured 2% of global Bitcoin production. Founded in 2017, HIVE ...
As Bitcoin maintains its strong position at high price levels, the mining industry is witnessing another wave of growth. For traditional miners, hardware costs, electricity expenses, and maintenance ...
Bitcoin mining stocks and treasury companies often hold significant amounts of the cryptocurrency. This leaves them exposed if the price crashes. Some of these companies even end up outperforming ...
IREN’s stock is soaring — up over 530% in six months — as analysts backed its shift from bitcoin mining to AI-cloud and a major GPU expansion. Bitcoin miner IREN Limited’s stock (NASDAQ: IREN) blasted ...
CleanSpark Inc (NASDAQ:CLSK) shares are trading higher in Monday’s after-hours session after the company announced new financing to scale Bitcoin (CRYPTO: BTC) mining operations and energy portfolio.
The rising network difficulty and the need to pay for energy are pushing out smaller players and even publicly traded corporations. The Bitcoin (BTC) mining difficulty, a metric that tracks the ...
HEMATITE — Off a quiet gravel road in Jefferson County sits a new mining facility that will use massive amounts of electricity to operate. It awaits one final step of governmental approval before it ...
We recently published 10 Stocks That Made Millionaires in Just a Week. Cipher Mining Inc. (NASDAQ:CIFR) is one of the best performers in last week’s trading. Shares of Cipher Mining jumped by 44.28 ...
Bitcoin BTC $111,320.01 mining profitability declined 5% last month primarily becuase of an increase in the network hashrate, investment bank Jefferies said in a research report Sunday. "A ...
When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once ...