bitcoin mining

Leading Bitcoin (CRYPTO: BTC) miner Riot Platforms Inc. (NASDAQ:RIOT) has delivered a strong performance in recent weeks, despite the apex cryptocurrency's price action being somewhat quiet. What happened: Bitcoin has hovered between $105,000 and $110,000 over the past month, with price movement...

CoreWeave Inc (NASDAQ:CRWV) just made a big move — but the market didn't applaud. Shares of Core Scientific Inc (NASDAQ:CORZ) plunged nearly 21% on Monday, even as AI cloud provider CoreWeave announced it will acquire the Bitcoin (CRYPTO: BTC) miner in an all-stock deal. The twist? Beth Kindig,...

Shares of MARA Holdings Inc. (NASDAQ:MARA) are trading higher in Wednesday’s pre-market trading after the Bitcoin (CRYPTO: BTC) miner announced an ambitious hashrate target by year-end. What Happened: CEO Fred Thiel said the company wants to achieve 75 exahashes by the end of...

Cipher Mining, Inc. (NASDAQ:CIFR) shares rose in Wednesday’s pre-market session as the company scales up its Bitcoin (CRYPTO: BTC) mining operations. What happened: Cipher's Black Pearl facility in Texas commenced operations last week with an initial hashrate of 2.5 exahashes per second (EH/s...

HIVE Digital Technologies Ltd (NASDAQ:HIVE) on Thursday reported its fiscal fourth-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Rosenblatt Securities On HIVE Digital Technologies Analyst Chris Brendler maintained a Buy rating, while...

Israel has attacked Iran's energy infrastructure in a bid to cripple the economic foundations of the Middle Eastern country in the ongoing military conflict. However, Iran's energy woes are not new. The domestic energy sector has been struggling and the regime's cryptocurrency endeavors may have...

Tron (CRYPTO: TRON), the digital asset platform founded by crypto billionaire Justin Sun, is preparing to go public in the U.S. through a reverse merger with collectibles company SRM Entertainment (NASDAQ:SRM). Financial Times reported, quoting sources, that Dominari Securities, a New York-based...

Pakistan’s finance ministry unveiled plans Sunday to assign 2000 megawatts of electricity to power Bitcoin (CRYPTO: BTC) mining and artificial intelligence data centers. What Happened: The move is part of the South Asian nation’s strategy to harness its excess electricity for...

IREN Ltd (NASDAQ:IREN) reported financial results for the third quarter of fiscal 2025 on Wednesday after the bell. Here’s a look at the key details from the report. Q3 Earnings: IREN reported first-quarter revenue of $148.1 million, missing analyst estimates of $159.37 million, according to...

Analysts maintained their rating/price forecast on Hut 8 Corp. (NASDAQ:HUT) following the first quarter results reported on Thursday. The company reported EPS of $(1.30), which was below the estimated $(0.24) and sales of $21.82 million fell short of the estimated $33.28 million. H.C. Wainwright...

Bitcoin miner CleanSpark Inc (NASDAQ:CLSK) reported first-quarter financial results after the market close on Thursday. Here’s an overview of the report. Q1 Earnings: CleanSpark reported first-quarter revenue of $181.71 million, missing analyst estimates of $190.95 million, according to...

Mara Holdings, Inc. (NASDAQ:MARA) released its first-quarter results after Thursday's closing bell. Here's a look at the key figures in the report.  The Details: Mara reported quarterly losses of $1.55 per share, which missed the analyst consensus estimate of losses of four cents....

Riot Platforms Inc (NASDAQ:RIOT) reported first-quarter financial results after the market close on Thursday. Here’s a look at the key details from the report. Q1 Revenue: $161.4 million, versus estimates of $158.2 million Q1 EPS: Loss of 90 cents per share Total revenue was up from $79.3...

Bitcoin (CRYPTO: BTC) mining expenses rose sharply in the final quarter of 2024, with CoinShares reporting that the total average cost to produce one Bitcoin, including non-cash items, climbed to $137,018. This figure includes depreciation and stock-based compensation, offering a more comprehensive...

Quantum computing research firm Project Eleven launched a bounty program on Wednesday to assess the threat of quantum computing to Bitcoin’s (CRYPTO: BTC) security. The reward—one full unit of the apex cryptocurrency. What Happened: Titled the Q-Day Prize, the competition targets the...