bitcoin mining

The disparity between Bitcoin’s performance and the shares of mining companies might offer an intriguing investment opportunity. A recent newsletter from 10x Research, authored by Markus Thielen, suggests that despite recent challenges, the Bitcoin mining industry could be on the brink of...

Kaspa (CRYPTO: KAS) shot up to become the market's biggest gainer Wednesday after Bitcoin (CRYPTO: BTC) mining giant Marathon Digital Holdings Inc. (NASDAQ:MARA) revealed mining the proof-of-work (PoW) cryptocurrency to diversify its revenue. What Happened: Kaspa soared 11% in the last 24 hours,...

Riot Platforms Inc. (NASDAQ:RIOT) has initiated a special shareholder meeting at Bitfarms Ltd. (NASDAQ:BITF), aiming to secure votes for three new board members as part of its strategy to acquire the competing Bitcoin (CRYPTO: BTC) mining firm. What Happened: Last month, Riot, which now owns nearly...

Bitcoin mining company Marathon Digital Holdings (NASDAQ:MARA) is making waves with a novel environmental initiative – launch of a 2-megawatt pilot project in Finland, that leverages the heat generated by Bitcoin (CRYPTO: BTC) mining to warm a community of 11,000 residents. What Happened: The...

The recent shift of investors towards artificial intelligence might dampen the returns from major cryptocurrencies such as Bitcoin and Ethereum, a recent report suggests. What Happened: The stock market now regards every piece of AI news as bullish, and in light of the resulting FOMO, “crypto...

Telecom giant Deutsche Telekom, the parent company of T-Mobile, announced plans to enter Bitcoin (CRYPTO: BTC) mining. What Happened: The development comes as a surprise to some, as the mining sector has been through a period of significant ups and downs in recent years. “We will engage in...

Bitcoin (CRYPTO: BTC) mining giant Riot Platforms Inc. (NASDAQ:RIOT) has upped its stake in rival Bitfarms Ltd. (NASDAQ:BITF) to 14% by purchasing an additional $3.87 million worth of shares as part of its ongoing hostile takeover bid. What Happened: Riot Platforms procured another 1,432,063...

Former President Donald Trump reiterated his call for all remaining Bitcoin (CRYPTO: BTC) to be mined in the United States, framing it as a strategic move to bolster the country’s energy dominance. What Happened: “Bitcoin mining may be our last line of defense against a CBDC. Biden's...

A new report by European law enforcement agency Europol cast aspersions on cryptocurrency mining, calling the burgeoning industry vulnerable to money laundering and financial frauds. What Happened: The 56-page report on encryptions and data privacy accused the mining industry of being a soft target...

Bitcoin (CRYPTO: BTC) miners are investing millions into artificial intelligence (AI) businesses, expecting billions in return as they diversify their operations. What Happened: According to a CNBC report on Monday, Core Scientific Inc. (NASDAQ:CORZ), a Bitcoin mining company, announced a 12-year...

By Lance Roberts The future of electricity demand for everything from electric cars to Bitcoin mining to artificial intelligence may also be the cure for our debt concerns. Before you dismiss that statement, let me explain. One of the bears’ primary arguments against the financial market and...

The Bitcoin mining sector may present a promising investment opportunity despite the challenges posed by the recent Bitcoin halving, a recent 10x Research newsletter suggested. What Happened: The report by 10x Research, authored by Markus Thielen, sees mining stocks on the verge of a significant...

Payments giant Block (NYSE:SQ) announced the company is no longer just designing cutting-edge mining chips, but also venturing into developing a complete Bitcoin (CRYPTO: BTC) mining system. What Happened: In a post on Tuesday, the firm revealed the completion of a new three-nanometer Bitcoin...

Editor’s note: This story has been updated to correct a quote from Bitdeer CSO Haris Basit that was mistakenly attributed to another executive. Bitcoin (CRYPTO: BTC) miners are increasingly turning to artificial intelligence to mitigate the impact of the recent halving event. What Happened:...