Bitcoin Mining

Bitcoin Mining

Markets

Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4

With Nasdaq compliance restored and momentum building in its Avalon mining rigs and self-mining operations, the broker sees renewed upside for Canaan’s shares.

Racks of mining machines.

Markets

Bitcoin Miner Core Scientific Upgraded to Buy as HPC Momentum Builds: B. Riley

The bank also reaffirmed TeraWulf (WULF) as its top pick in the sector.

Racks of mining machines.

Markets

Crypto Stocks Plunge Wednesday, With Galaxy, Bitcoin Miners Leading Decline

Momentum names are taking a beating on Wall Street, with many AI-related stocks leading that list.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Markets

Debt-Fueled AI Pivot Puts Bitcoin Miners to the Test

Record debt and convertible note issuances signal a strategic shift as miners chase growth beyond bitcoin, but execution risk and revenue generation now take center stage.

CoinDesk

Markets

Bitcoin Miner Bitdeer's AI Pivot Earns Price Target Hike at Benchmark

The company's move to bring data center development in-house strengthens its AI and mining strategy, and accelerates monetization, said analyst Mark Palmer

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

CleanSpark Joins AI Rush in Expansion Beyond Bitcoin Mining

The company hired industry veteran Jeffrey Thomas to lead new AI data center division.

CoinDesk

Markets

Bitcoin Mining Profitability Declined More Than 7% in September: Jefferies

Bitcoin mining margins tightened in September as a rising network hashrate and a slide in BTC prices dragged profitability lower

Racks of mining machines.

Markets

Bitcoin Network Hashrate Took Breather in First Two Weeks of October: JPMorgan

The total market cap of the 14 U.S.-listed bitcoin miners that the bank covers rose 41% from the end of last month to a record $79 billion.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

Bitcoin Miner Stocks Continue Surge, With BlackRock, Nvidia, Microsoft Joining in $40B AI Data Center Bet

The acquisition marks the first move by the Artificial Intelligence Infrastructure Partnership, which plans to deploy up to $100 billion.

Racks of mining machines.

Markets

Bitcoin Miners Lead Crypto Stock Bounce as OpenAI-Broadcom Deal Fuels AI Trade

Bitfarms, Cipher Mining and Bitdeer posted double-digit gains on Monday as miners keep benefitting from artificial intelligence's surging demand for computing power.

Data center servers (Taylor Vick/Unsplash)