Bitcoin Mining
Bitcoin Mining Profitability Rose in December for Second Month in a Row: JPMorgan
The network hashrate rose 54% in 2024, slower than 2023's 103% gain, the report said.

How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse
Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin mining industry.

Bitcoin's Computing Power May Hit a Major Milestone Long Before Next Halving
Bitcoin's hashrate increased by approximately 50% in 2024, and it is currently on course to rise for the eighth consecutive time.

Northern Data Is Well Positioned to Take Advantage of the AI Boom: Canaccord
The broker initiated coverage of the stock with a buy rating and 60 euro price target.

Bitcoin Miner Hut 8 Buys $100M BTC Boosting Total Total Stash to $1B
The miner bought about 990 bitcoin for average price of around $101,710 each.

Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says
November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said.

Bitcoin Mining Economics Continued to Improve in December, JPMorgan Says
The hashprice, a measure of daily mining profitability, rose 5% from the end of November, the report said.

Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan
The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.

Activist Investor Starboard Has Built Stake in Bitcoin Miner Riot: WSJ
Starboard is reportedly pushing the miner to convert some of its mining sites into data centers.

Bitcoin Miners Cipher, CleanSpark and MARA Upgraded at JPMorgan
The bank updated estimates for a number of mining stocks in its coverage following third quarter results and recent gains in bitcoin and the hashrate.

