Latest from Aoyon Ashraf
Biden to Renominate Powell as Fed Chair and Appoint Brainard as Vice Chair
The president cites Powell’s stewardship of the economy during the pandemic.
Bitcoin Miner CleanSpark Buys New Machines to Take Advantage of Spot Market Prices
The purchase of 2,597 new Antminer S19 mining computers will increase CleanSpark’s hashrate by almost 20%.
Biden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto
Both candidates are seen as taking a tough stance on crypto regulation, but they’re also both seen as dovish – possibly beneficial for bitcoin’s inflation narrative.
Bitcoin Miner PrimeBlock Plans to Go Public by Merging With 10X Capital: Report
The potential deal would value the combined entity at about $1.5 billion, Bloomberg reported.
Digital Currency Group Raises $600M in New Credit Facility
The financing follows a recent $700 million secondary equity transaction that valued the company at $10 billion.
BIT Mining’s Q4 Revenue to Fall Due to Its Mining Pool Exiting China
The crypto mining firm is working to mitigate the revenue lost during its migration out of China.
Bit Digital Migrates All Its Bitcoin Mining Out of China Amid Ban
The New York-based miner expects to increase its mining power to 2.6 EH/s by mid-2022.
Bitcoin Miner Iris Energy Upsizes Its IPO, Valuing Company at $1.5B
The Australian bitcoin miner expects to start trading on the Nasdaq Nov. 19 under the ticker symbol IREN.
Gryphon Digital Mining Delays Plan to Become Publicly Traded
The miner’s plan to execute a reverse merger with Nasdaq-listed data management firm Sphere 3D is now expected to take place in the first quarter of 2022.
Marathon Digital Sell-Off a Buying Opportunity, DA Davidson Analyst Says
The decline of the bitcoin miner’s shares because of the SEC’s subpoena and convertible debt offering is “overdone,” according to the firm.
