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 ...
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 ...
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 ...
At a time when Bitcoin (BTC) mining is dominated by large-scale mining farms with advanced, specialized hardware, the odds of a solo miner striking the so-called digital gold are astronomically low.
A Bitcoin miner fell asleep in extreme heat and suffered heatstroke. What followed inside his body was devastating - a breakdown of vital organs caused by overheating. The revolt of Marjorie Taylor ...
Bitcoin miner TeraWulf plans to raise approximately $3 billion to expand its data center operations, with backing from Google (NASDAQ:GOOG), according to CFO Patrick Fleury. The debt is expected to be ...
Cipher Mining (CIFR) just delivered one of the most consequential weeks in its history, announcing a major AI hosting deal for its Barber Lake facility and a $1.1 billion convertible note offering, ...
IREN (IREN), one of the largest self-operated bitcoin BTC $111,480.33 miners in the U.S., is breaking away from the pack, and Wall Street is taking notice. Bernstein analysts raised their price target ...
A new report from J.P. Morgan reveals the U.S.-listed Bitcoin mining sector hit an unprecedented $56 billion market cap in September. CoinDesk's Jennifer Sanasie unpacks the report and what's driving ...
Knots proponents claim to be supporters of Bitcoin's decentralization and its use as censorship resistant money, but their actions do not align with that claim. They claim to fight for mining ...
Riot Platforms (NASDAQ:RIOT) stock was surging as Citi Research and J.P. Morgan upgraded the bitcoin miner, with the latter acting on other major bitcoin mining stocks as well. Shares were +5.32% ...
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 ...