bitcoin mining

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...

Bhutan’s prime minister backed government involvement in Bitcoin (CRYPTO: BTC) mining, stating that it could be a strategic decision with potential billion-dollar returns, according to a media report on Monday. What Happened: During an interview with Al Jazeera, Tshering Tobgay revealed that...

Michael Saylor, co-founder and executive chairman of Strategy Inc. (NASDAQ:MSTR), hinted at a resumption of its Bitcoin (CRYPTO: BTC) buying streak following a week’s pause. What happened: Saylor took to X on Sunday to post a chart that tracks the company's Bitcoin purchases, with a cryptic...

Leading chip manufacturer Intel Corp. (NASDAQ:INTC) entered the Bitcoin (CRYPTO: BTC) mining hardware market with its Blockscale chip line but ended it after only a year of operation. What Happened: In April 2022, Intel launched Blockscale, a set of application-specific integrated circuits designed...

Rosenblatt Securities analyst Chris Brendler maintained TeraWulf (NASDAQ:WULF) with a Buy and lowered the price target from $10 to $4 on Wednesday. TeraWulf fits perfectly into Brendler’s Bitcoin mining investment thesis with low power costs, an efficient fleet and a strong...

Bitcoin (CRYPTO: BTC) miners have faced a challenging year, but analysts at Bernstein remain optimistic, driven by a blend of AI opportunities and Bitcoin's valuation support. What Happened: In a report released on Thursday, Bernstein analysts revised their models for major Bitcoin mining companies...

Bitcoin (CRYPTO: BTC) mining stocks just hit a rough patch. According to JPMorgan analyst Reginald L. Smith, U.S.-listed miners are now trading at just 1.35x their proportional share of the four-year block reward opportunity – marking the first time in nearly a year that valuations have...

TeraWulf Inc. (NASDAQ:WULF) hit a technical roadblock, forming a Death Cross — a classic bearish signal that suggests trouble ahead. Despite an eye-popping 102% revenue surge, the stock has been in a free fall, shedding over 43% year to date and 35% in the past month alone. Investors are now left...

Rosenblatt analyst Chris Brendler initiated coverage of Bitcoin stocks on Friday, citing a premium likely for the stocks due to their entry into the high-performance computing (HPC) business. Cipher Mining Brendler initiated coverage on Cipher Mining (NASDAQ:CIFR) with a Buy rating and a price...

Fred Thiel, the CEO of MARA Holdings (NASDAQ:MARA), discussed on Wednesday the company’s active collaboration with President Donald Trump’s administration to bolster Bitcoin (CRYPTO: BTC) mining in the U.S. What happened: During the company's fourth-quarter earnings call, Thiel...

Jack Dorsey, co-founder and executive chair of Block Inc. (NYSE:XYZ), voiced optimism for the firm’s Bitcoin (CRYPTO: BTC) mining products suite, Proto, on Thursday, hoping to gain a broader share of the largely untapped sector. What Happened: During the company's fourth-quarter earnings...

Financial technology company Block Inc (NYSE:XYZ) could highlight its growth across several sectors along with its place in the cryptocurrency ecosystem when the company reports fourth-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect Block to report fourth-...

MicroStrategy Inc. (NASDAQ:MSTR) Executive Chairman Michael Saylor on Tuesday said he believes institutional investors have yet to allocate enough capital to Bitcoin (CRYPTO: BTC), despite its increasing acceptance as a financial asset. “If it's a legitimate institutional asset, everybody is...

U.S. Customs and Border Protection has expanded its crackdown on cryptocurrency mining equipment, seizing Bitcoin (CRYPTO: BTC) mining ASICs at multiple ports across the country. What Happened: Acting on requests from the Federal Communications Commission (FCC), the agency has not only detained...

Bitcoin (CRYPTO: BTC) mining reportedly helped Texas avoid $18 billion in energy costs by eliminating the need for new gas peaker plants. What Happened: The findings were made in a Monday report by the Digital Assets Research Institute, which credited the efforts of Electric Reliability...