Bitcoin Miners


Finance

Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies

U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.

A photo of four mining rigs

Markets

Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins

As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.

Bitcoin price on June 17 (CoinDesk)

Markets

U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan

Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Markets

Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says

The two industries could add a collective $20 trillion to global GDP by 2030, the report said.

(Markus Winkler/Unsplash)

Finance

Bitcoin Mining Stocks Soar Amid Takeover Frenzy

The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts.

Wall Street has bitcoin mining mergers on its mind. (Chenyu Guan/Unsplash)

Markets

Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says

U.S. listed bitcoin miners have access to large amounts of power, making them potential takeover targets for hyperscalers and AI firms, the report said.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)

Markets

Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K

Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.

Uniswap (UNI) price on June 4 (CoinDesk)

Finance

Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave

Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Finance

Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share

Riot privately offered its proposal last month, with Bitfarms rejecting it.

A photo of four mining rigs

Tech

Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs

The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees.

Screenshot from Hell Money podcast, with Runes creator Casey Rodarmor (right) (Hell Money)

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