Bitcoin Mining

Bitcoin Mining

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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.

Bitcoin hash rate has surged in 2024 (Hashage)

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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.

Source: Blockware Solutions

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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.

Mining rig. (Shutterstock)

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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.

Racks of crypto mining machines.

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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.

ASIC bitcoin miners

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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.

(Shutterstock)

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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.

Activist investor reported to have been pushing Riot to move into HPC. (Unsplash, modified by CoinDesk)

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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.

Bitcoin miners (Shutterstock)

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Bitcoin Miners Approach $40B Market Cap as Difficulty Set for Fifth Straight Increase

The bitcoin hashrate is still soaring as mining difficulty looks to increase for a fifth consecutive time.

Mining equipment (Shutterstock)

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Bitcoin Miner IREN Surges on Renewed AI Interest, Possible BTC Dividend Payment

The shares rose 30% after executives discussed fiscal first-quarter earnings on a conference call.

An engineer works with bitcoin mining rigs (Shutterstock)