Bitcoin Miners

Bitcoin Miners

Markets

Bitcoin Miner MARA jumps 17% after striking a deal with Starwood to build AI data centers

The bitcoin miner inked a deal with investment firm Starwood to convert and expand select facilities to serve data center needs for AI.

MARA Holdings CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Markets

One of the longest mining capitulations nears end, signaling potential BTC price bottom

Hash Ribbon recovery and sub production pricing suggest the worst of the bitcoin drawdown may have passed.

Hash Ribbon (Glassnode)

Finance

Bitcoin miner Bitdeer tumbles 17% as $300 million convertible note offering spurs dilution fears

The Singapore-based bitcoin miner and AI data center firm is raising capital to repurchase notes and fund expansion.

Bitdeer (Credit: Bitdeer)

Markets

Bitcoin mining difficulty drops by most since 2021 as miners capitulate

Miners are facing significant challenges, with bitcoin revenue per petahash falling by half from a peak of $70 to $35.

Data center servers

Markets

Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan

The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.

Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)

Markets

Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says

A rising bitcoin price is seen as most favorable for Galaxy's digital assets business, while miners fight a rising network hashrate, the report said.

Bitcoin mining machines

Markets

Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies

The macro and regulatory backdrop has intensified investor interest in the sector and provided a fresh tailwind for mining firms, the report said.

Racks of crypto mining machines.

Markets

Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan

The fall in the monthly average network hashrate was a result of miners curtailing operations in response to the recent heatwave, the report said.

(Shutterstock)

Markets

American Bitcoin, Backed by Eric and Donald Trump Jr, Pulls In $220M to Accumulate BTC

The company said $10 million of the total amount raised came in the form of bitcoin, at a rate of $104,000 per BTC.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Markets

U.S.-Listed Bitcoin Miners' Share of Network Hashrate Hit Record High in June: JPMorgan

The combined hashrate of the 13 bitcoin miners the bank follows has risen 99% year-on-year versus a 55% y/y increase in the network hashrate, the report said.

JPMorgan building (Shutterstock)