Bitcoin Mining


Markets

Bitcoin Miners Bitdeer, CleanSpark, Core Scientific Initiated at Outperform by KBW

The three companies offer varying degrees of exposure to the world's largest cryptocurrency, the report said.

(Shutterstock)

Markets

Bitcoin Mining Economics Expected to Be Stable, Profitable in 2025, Canaccord Says

Mining fundamentals are strong with the cost to mine around $27,000 per bitcoin for larger participants, the report said.

Racks of crypto mining machines.

Policy

Eight U.S. Blockchain Lobby Groups Unite Ahead of Trump's Crypto Friendly Regime

The Texas Blockchain Council is optimistic about Trump’s comeback — but miners may face new difficulties in Texas.

Lee Bratcher (Texas Blockchain Council)

Finance

It’s Hard to Fund Midsize Green Assets. This Tokenization Startup Wants to Change That

Plural Energy is already tokenizing renewable energy projects; it wants these assets to permeate through the crypto ecosystem.

Adam Silver (Plural Energy)

Finance

How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines

BIT Mining says that its Ethiopia operations create a positive feedback loop with its business in Ohio.

Ethiopian flag (Wesley Tingey, Unsplash)

Markets

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.

(Shutterstock)

Markets

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.

Cango reception (Credit: Cango)

Markets

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)

Markets

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

Finance

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)