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Bitcoin Mining Is Here To Stay, But It Has To Get Greener
Thursday, May 27, 2021 - 1:21pm | 611Read More...Bitcoin’s (CRYPTO:BTC) massive energy usage has become a hot topic lately. And Tesla Inc (NASDAQ: TSLA) chief Elon Musk’s recent decision to halt BTC payments due to environmental concerns has ignited a fiery debate around the issue. While many have attacked Musk for...
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Bitcoiners 'Intensely Skeptical' Of Elon Musk Leading Bitcoin Mining Council
Thursday, May 27, 2021 - 11:20am | 483Read More...Bitcoiners around the world aren’t convinced that Elon Musk is the right person to lead the debate around “cleaner Bitcoin mining.” What Happened: In an interview with Bloomberg TV, popular Bitcoin (CRYPTO: BTC) proponent and partner at Castle Island Ventures Nic Carter said that...
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Bitcoin Mining Reportedly Caused Deaths In Chinese Coal Mines
Wednesday, May 26, 2021 - 5:18pm | 401Read More...Last week, Chinese regulators decided to crack down on the mining of Bitcoin (CRYPTO: BTC) and other cryptocurrencies partly due to environmental concerns and a surge in the illegal coal extraction. What Happened: According to Fortune, Chinese authorities pushed against crypto mining...
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Chinese Crypto Exchanges Continue To Suspend Services Amidst Regulatory Uncertainty
Tuesday, May 25, 2021 - 7:00pm | 509Read More...Although crypto markets seemed to recover from the recent fall, some believe that regulatory uncertainties surrounding Bitcoin mining and trading firms in China could lead to even more sell pressure going forward. What Happened: On Friday, a State Council committee led by Vice Premier Liu He...
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Elon Musk Might Reconsider His Stance On Bitcoin Mining, Asks Followers To Help Dogecoin Developers
Monday, May 24, 2021 - 7:50pm | 555Read More...Tesla Inc (NASDAQ: TSLA) CEO said he had talked with Bitcoin (CRYPTO: BTC) miners. And they might have changed his mind about the environmental impact of bitcoin mining. What Happened: Earlier today, Elon Musk tweeted about the discussion he had with “North American Bitcoin miners...
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New Reports Of China's Crypto Crackdown Sparks Fears In Crypto Market As Bitcoin Falls To $37,000
Friday, May 21, 2021 - 1:12pm | 357Read More...What Happened: Bitcoin (CRYPTO: BTC) went into freefall once again as fresh information about China’s crackdown on cryptocurrencies emerged. According to Chinese news outlet 8BTCnews, the Financial Stability and Development Commission of China State Council planning on cracking down...
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Cleanspark Stock Is Trading Higher After Q2 Earnings Beat, Producing 144 Bitcoins
Friday, May 7, 2021 - 8:40am | 242Read More...Cleanspark Inc (NASDAQ: CLSK) reported second-quarter FY21 revenue growth of 122% year-on-year to $8.1 million, missing the analyst consensus of $8.77 million. Revenue from Digital Agency rose 43.6% Y/Y to $0.43 million, and Digital Currency Mining revenue was $6.72...
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9 Crypto Stocks To Play On The Coinbase Debut
Wednesday, April 14, 2021 - 4:55pm | 910Read More...The highly anticipated Coinbase (NASDAQ: COIN) IPO took place on Wednesday, putting companies in the cryptocurrency space in the spotlight as traders look for ways to play the large valuation of Coinbase and the rising price of Bitcoin. Here is a look at some crypto stocks to play on the Coinbase...
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Future Fintech To Acquire Majority Stake In Cryptocurrency Mining Farm Mingtang Network Technology For $7M
Wednesday, April 14, 2021 - 9:29am | 278Read More...Blockchain-based e-commerce business and fintech service provider, Future FinTech Group Inc (NASDAQ: FTFT), has inked an agreement to acquire a 51% stake in Mingtang Network Technology for $7 million (RMB 45.9 million) based on a valuation of $13.8 million (RMB 90 million...
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What Riot Blockchain's $138.5M Purchase Order Means For The Bitcoin Miner
Thursday, April 8, 2021 - 7:08am | 538Read More...Bitcoin mining company Riot Blockchain Inc (NASDAQ: RIOT) announced a milestone purchase for $138.5 million worth of mining equipment yesterday. What Happened: The company purchased 42,000 S19j Antminers from Bitmain Technologies Limited as part of a strategic initiative to increase its...
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Future Fintech Stock Is Trading Higher On Acquiring Hydroelectricity Powered Bitcoin Mining Farm For $9.1M
Thursday, April 1, 2021 - 8:44am | 212Read More...Blockchain-based e-commerce business and a fintech service provider, Future FinTech Group Inc (NASDAQ: FTFT), inked an agreement to acquire Nanjing Ribensi Electronic Technology Co, Ltd for $9.1 million (RMB 60 million). Nanjing Ribensi currently operates a...
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Argo Blockchain And DMG Launch World's First 'Green Bitcoin' Mining Pool
Friday, March 26, 2021 - 5:28pm | 355Read More...U.K.-based crypto mining firm Argo Blockchain PLC and Canadian firm DMG Blockchain Solutions Inc will launch the world’s first clean energy Bitcoin mining pool. The mining pool termed “Terra Pool” will be aimed at better managing the impact of Bitcoin mining on the...
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Why Support.com Stock Is Skyrocketing Monday
Monday, March 22, 2021 - 12:09pm | 495Read More...Shares of a small cloud-based software penny stock were rallying Monday after the announcement of a merger with a Bitcoin miner. The Merger: Greenidge Generation Holdings and Support.com (NASDAQ: SPRT) announced a merger Monday morning. Shareholders of Support.com will own 8% of the newly formed...
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Why Canaan, Sos, Riot Blockchain, Ebang, Marathon Patent, Bit Digital, AirNet Stocks Skyrocketed Today
Tuesday, March 9, 2021 - 10:49pm | 677Read More...Shares of several cryptocurrency-related companies soared on Tuesday as Bitcoin (CRYPTO: BTC) posted a major recovery from a low of $49,506 on Monday to trade at $54,566.20 at press time. What Happened: Bitcoin equipment manufacturer Canaan Inc (NASDAQ: CAN) shares closed 50.45% higher at $28....
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SOS Continues To Raise Capital Via Share Sale For Cryptocurrency Mining, Shares Drop
Thursday, February 18, 2021 - 11:57am | 190Read More...SOS Limited (NYSE: SOS) priced 8.6 million shares at $10 per share to raise $86 million in a secondary offering. The offer price signifies a 21.9% discount to the Wednesday closing price. The offering proceeds will be utilized to develop its recently launched cloud...















