Mining

Hive Blockchain Orders Another 6,500 Bitcoin Mining Machines From Canaan
The order builds on the companies’ existing relationship that’s seen Hive already buy 10,400 machines this year.

Why Miners Are Accumulating Bitcoin for Collateral
Elite Mining CEO Justin Podhola discusses how his firm is accumulating bitcoin as collateralization amid an emerging mining industry trend. In what situation would miners unravel their crypto holdings and begin putting them back on exchanges? Plus, an update on the hashrate and outlook for bitcoin.

Sphere 3D Receives Buy Rating Ahead of Gryphon Digital Mining Merger
The Canadian investment bank, PI Financial, believes Gryphon Digital Mining will rank among the world’s top five global crypto miners.

South Korea Crypto Debate Heats Up, Bitcoin Mining ETF Starts Trading
South Korea’s crypto tax debate heats up. Bitcoin mining ETF begins trading on Chi-X. Cream Finance suffers another hack. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Crypto Miners Are ‘Stockpiling’ Bitcoin Amid Recent Rally, Kraken Says
Some miners are seeking to bolster their balance sheets.

From Pancake Batter to Bitcoin Mining: Struggling Businesses Try 2017-Style Pivots
Crypto mining is becoming so profitable, companies without any exposure to the sector are jumping in, reviving a trend from the last bull market.

Greenidge Outperforms Peers as B. Riley Analyst Sees Higher Earnings Potential
The analyst raised the crypto miner’s 12-month price target to $82 from $78 and 2022 earnings estimates.

Australian Bitcoin Miner Iris Energy Files for $100M IPO
The company intends to list its shares on Nasdaq.

ProShares Files for Exemption, Shiba Inu Hits All-Time High
ProShares files for exemption from Chicago Mercantile Exchange trading limits. Greenidge more than doubles Bitmain mining rig order. Shiba Inu hits an all-time high. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”


