In short, bitcoin miners are betting big on the future of the cryptocurrency. They are not dumping their assets, even when prices cross the $100k mark. This new behavior suggests a departure from the normal market reaction, wherein price rises would usually encourage more sell pressure as miners cash in.Miners...
As a result, bitcoin miners are going through one of the krinchiest bear markets in history. Their revenue has dropped down to $34 million, the lowest point since 4/10. This dramatic fall illustrates the pain that market miners are suffering in today’s economic climate. For one, miners are at their...
Bitcoin’s hash rate — a rough proxy for bitcoin security — has had a chaotic 2023, with a sudden collapse in bitcoin security followed by an extraordinary recovery. This change is driven by a confluence of factors. Environmental conditions, geopolitical events and the seasonal nature of energy production add additional...
In June, Bit Digital, a New York-based digital asset company, announced its intent to transition its overall business strategy to focus primarily on Ethereum mining. The firm has recently announced the pricing of an upsized underwritten public offering. They will sell 75 million shares at $2 per share, raising a...
With global green initiatives at the forefront, Tether’s partnership to invest $1 billion in green mining infrastructure in El Salvador creates a historic correlation to sustainability. The firm expects to have the world’s largest Bitcoin mining operation by year’s end. This investment should send a shockwave through the public relations...
Core Scientific shares are skyrocketing today after the news that takeover talks with CoreWeave have reportedly been revived. This announcement follows Core Scientific’s record-breaking first quarter earnings, where net income more than tripled to $580 million. The historic acquisition—which would be the first of its kind in the state—could be...
Bitcoin mining’s tremendous energy appetite and carbon footprint is under growing scrutiny from regulators and environmental advocates across the globe. The industry now uses more electricity than 46 U.S. states, at least 150 TWh per year and counting. Most of the increase in carbon emissions has been caused by an...
HIVE Digital Technologies Ltd. is a global leader in sustainable digital all infrastructure. Just a week or so ago, they said that they had reached their financial results for year ending March 31, 2025. The firm works in Canada, Sweden, and Paraguay. It’s currently in growth mode, aggressively expanding its...
As a result, Bit Digital’s share price fell by 3.83% after the market close, ending the after-hours trade at $2.26. This change came on the heels of the company’s recent purchase of an industrial building in Madison, North Carolina, for $53 million. During this time, SharpLink Gaming has established itself...
BAY Miner recently released their revolutionary AI-Cloud mining platform. It offers a large selection of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Litecoin and Dogecoin. The platform as a whole is designed to help make cryptocurrency mining easier, so it is an excellent solution for novice and advanced...
Robinhood, known for democratizing finance for all, has recently jumped into the staking arena. They’re doing it across Ethereum (ETH) and Solana (SOL). This is a huge step towards providing the average investor with greater access to cryptocurrency staking. Robinhood has launched an easy, time-saving staking feature right inside its...
The overall cryptocurrency market is as energetic and frenetic as ever, with Bitcoin just recently approaching $110,000. This sudden increase in demand has rightfully spurred interest in a number of investment vehicles, such as cloud mining contracts. One such offering is PBK Miner's 2-day Bitcoin (BTC) contract, which promises quick...
Bitcoin’s astounding recent jump over $110,000 has all the markets abuzz, and for good reason. The desire for easy, quick profits is strong, particularly so when you’re inundated with headlines like these that make it sound simple to get in the mining boom. PBK Miner’s new 2-day BTC contract is...
Okay, let's be real. You’re reading the headlines, the price charts going to the moon, and perhaps even listening to your neighbor talk about their huge Bitcoin profits. $110,000! It’s a daunting figure, and a tempting conclusion to draw is that we’ve already missed the boat. Well, I’m here to...
Okay, let's be real. We know the financial world can seem like a velvet-rope club at times, aren’t we? Intimidating, exclusive and most certainly not made for your regular Joe or Jane. Every so often, someone opens that door wide and welcomes everyone inside. That’s how Robinhood’s new crypto staking...
The crypto dream was predicated on the hope of a financial revolution, a new leveling of the playing field. Decentralization was the mantra, equity the guiding principle. At some point down the trail suits got involved, and they’ve been robbing artists of their piece of the pie ever since. What...
The world of Bitcoin mining is deeply volatile and high-stakes. The crypto-world know that effective leadership in this field requires more than just technological know-how. It takes good financial stewardship and strategic vision. A recent trend has sparked debate and concern among shareholders: the rising executive compensation in Bitcoin mining...
Robinhood has formally rolled out Ethereum (ETH) and Solana (SOL) staking services to its U.S. customers. This legislation comes on the heels of a European-wide successful rollout of staking features to users. This move consolidates the company’s position as the most influential player in the economy of crypto. It provides...