Latest from Aoyon Ashraf
Bitcoin Miner Core Scientific’s Full-Year Sales Rise to $545M, Beating Estimates
The miner also reiterated its 2022 hashrate expectations and expects more M&A within the crypto mining industry over the next 12 months.
DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings
The stock is still “super cheap” compared to other mining peers, analyst says.
Blockware Solutions Builds 20MW Bitcoin Mining Data Center in Kentucky
The facility has potential to be expanded to 75MW.
Bitcoin Miner Iris Energy Gets $71M Equipment Financing From NYDIG
The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second.
Is Miner Concentration Once Again Jeopardizing Bitcoin? Not Exactly
The high percentage of hashrate now located in North America may look like China 2.0, but the reality is more complicated.
Bitcoin Miner TeraWulf’s Stock Can Rally Almost 160%, Says Analyst
B. Riley initiated the environmentally sustainable miner’s stock with a buy rating and a 12-month price target of $24.
ExxonMobil Running Pilot Project to Supply Flared Gas for Bitcoin Mining: Report
The oil giant is looking to make use of natural gas that would otherwise be wasted at sites around the world, according to Bloomberg.
Riot Blockchain’s COO to Exit After One Year
Megan Brooks-Anderson was promoted to chief operating officer in April 2021.
The Future of Mining Finance: Time to Get Creative
To finance mining rigs in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale.
Mining Industry Not That Worried by SEC’s Proposed New Climate Reporting Rules
Some of the requirements might be challenging for smaller publicly-traded miners to comply with, however.
