crypto miners

Hut 8 Corp. (NASDAQ:HUT) shares traded higher Monday as the price of Bitcoin (CRYPTO: BTC) climbed above $63,000.  The Details: Bitcoin has rallied nearly 6% over the past 24 hours as investors interpret the increasing odds of a second term for former President Donald Trump as a positive...

Bitcoin’s surge to a record $73,000 has grabbed headlines, but HIVE Digital Technologies Ltd (NASDAQ:HIVE) and Bit Digital Inc (NASDAQ:BTBT), two crypto mining giants, are facing a troubling sign: the Death Cross. Related: Bitcoin Tops $73,000; Toncoin, THORChain Among Top Gainers HIVE...

Crypto mining providers Celsius Mining, the Bitcoin mining subsidiary of Celsius (CRYPTO: CEL), and Core Scientific (OTCMKTS: CORZQ) have reached a settlement deal for a long-standing legal dispute. The agreement between the two companies is to sell Core Scientific’s Ward County,...

Democratic Congress members Brad Sherman and Stephen Lynch have publicly called for the U.S. Treasury Department and the Internal Revenue Service (IRS) to swiftly present forthcoming rules for cryptocurrency taxation. They argue this would foster complete compliance from the fast-growing industry,...

On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill also included a number of add-on taxes, such as the Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for...

Economic figures released at the start of trading on Thursday showed that producer price inflation (PPI) fell by 0.5% in March, below expectations of a flat number, and weekly jobless claims increased more than expected by 11,000 to 239,000. The two readings suggest that a...

Plummeting cryptocurrency prices have made life difficult for Bitcoin (CRYPTO: BTC) miners in 2022, but Canaccord Genuity analyst Joseph Vafi said Monday that he maintains his bullish long-term outlook for crypto miners Argo Blockchain ADR (NASDAQ: ARBK), HIVE Blockchain Technologies Ltd (NASDAQ:...

As Bitcoin (CRYPTO: BTC) plunged by about 9% of its value over the last 24 hours, experts suggest that news of a power outage in China may be to blame. What Happened: A blackout in China’s Xinjiang region — where a significant portion of worldwide Bitcoin mining is done...