Latest from Aoyon Ashraf
Crypto Miners Extend Slump as Bitcoin Price Falls to Lowest Point Since October
Some miners have lost almost 50% of their market capitalization since bitcoin reached its all-time high in November.

Bitcoin Miner Iris Energy Has More Than 100% Upside, JPMorgan Analyst Says
The bank’s analyst initiated research on Iris Energy with a buy-equivalent rating and a 12-month price target of $30 per share.

Bitcoin Miner Iris Energy’s Monthly Revenue Fell 10% in November on Higher Difficulty
There was also one less day in the month compared to October.

CleanSpark Aims to Grow Bitcoin Mining Output Over 20% Through Immersion Cooling
The technology is expected to make the bitcoin miner’s operations more sustainable and efficient.

Foundry Launches Resale Marketplace for Bitcoin Mining Machines
Its new business, FoundryX, has already secured more than 40,000 miners that are ready for resale through 2022.

VivoPower Subsidiary Caret to Launch Solar-Powered Crypto Mining Business
The new business is expected to eventually be spun off via an IPO.

Crypto Mining Stocks Extend Declines as Bitcoin, Ether Prices Fall
However, DA Davison sees mining stocks as a better buying opportunity than bitcoin itself.

Warren Targets Bitcoin Miner Greenidge’s Environmental Footprint
The Massachusetts senator sent a letter to the bitcoin miner asking for more details about the environmental impact of its mining operation.

Bitcoin Miner TeraWulf Raises $200M in Debt and Equity
The miner expects to complete its merger with Ikonics and go public during the week of Dec. 13.

Riot Blockchain Raises 2022 Hashrate Guidance for Second Time in a Month
The bitcoin miner also said it minted 466 bitcoin in November, an increase of about 300% versus the same period last year, but only a slight jump from October.

