Latest from Aoyon Ashraf
Luxor Launches New Business for Buying and Selling Bitcoin Mining Machines
The company aims to simplify the procurement process for high-performance ASIC mining computers for both institutional and retail customers.
Bitcoin’s Slump Is Good for Crypto Miners in Long Term, Jefferies Analyst Says
A lower bitcoin price will deter new entrants and help incumbents gain market share.
Hive Blockchain Held Onto All the Bitcoin It Mined in 2021, While Selling Some Ether
The Canadian miner’s bitcoin production rose 12% in December from November, while its ether output fell by about 7%.
GameStop Stock Surges Following NFT Marketplace Report
The struggling video game retailer is planning to build a new division focused on trading NFTs and establishing crypto partnerships, the WSJ reported.
Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts
Wall Street analysts see “compelling” opportunities in the stocks of miners as sell-off is not driven by fundamentals.
Shiba Inu Launches Beta Version of DAO to Give Users More Authority Over Crypto Projects
The dogecoin rival is aiming to provide its users with more control over crypto projects and pairs on the ShibaSwap platform.
Miner Bitfarms Raises $100M Bitcoin-Backed Loan From Galaxy Digital
The miner has already made an initial $60 million drawdown with a six-month term at an interest rate of 10.75%.
Marathon Digital Named Top Mining Pick Heading Into 2022 by DA Davidson
The miner’s stock has compelling upside after a recent sell-off among the group, the investment bank said.
Newly Minted Bitcoin Miner Gem Mining Reaches Hashrate of 1.25 EH/s
Gem’s mining power now accounts for about 1% of the Bitcoin network’s total.
Crypto Miner Hive Sees More Bitcoin, Less Ether Mined in Third Quarter
The slowdown in ether mining is expected to be offset partially by the rally in the cryptocurrency’s price during the quarter ending Dec. 31.
