HIVE Blockchain Technologies Ltd. recently announced its financial results for fiscal year 2025. Today, the company is continuing that success with their constant adaptation to cryptocurrency mining and high-performance computer (HPC) worlds. Join LeeChiaJian as he breaks down HIVE’s past financial performance, strategic acquisitions and initiatives, and upcoming opportunities to...
That’s why we were ecstatic when HIVE just reported some huge numbers – $115.3 million in revenue and $56.2 million in Adjusted EBITDA for their FY2025. That's impressive, no doubt. But honestly? It's just a warm-up. This is not to relish wins in hindsight, but rather to explain why HIVE...
In short, Bitcoin miners are under acute financial stress. In June, transaction fees fell to a three-year low, accounting for under 1% of total block rewards. This overall downward trend as well as the recent halving event are all taking a toll on miner profitability. After dipping below $75,000 in...
CleanSpark, one of the Bitcoin mining industry’s strong, forward-looking players, recently released its Q2 numbers. The findings reveal a confusing and contradictory fiscal landscape. The company pulled in a staggering $181 million in revenue. It experienced an impressive net loss of $138 million. Investors and industry observers have started to...
Is Bitcoin losing its crown? No surprise there… Some signs point that way, and to be honest—I’m not crying about it. We're witnessing something far more exciting: an Altcoin Revolution, fueled by Bitcoin defectors and built on the promise of a more inclusive, innovative crypto future.Bitcoin's Limits, Altcoins' Opportunity?For years,...
Bitcoin miners do much more than just mine new bitcoins. It’s since evolved into a large market of competing interests focused on ensuring the legitimacy of – and subsequently appending – new transactions to the blockchain. By 2025, it’s less about building new infrastructure and more about stabilizing energy grid...
We've all seen the Bitcoin frenzy. Millionaires made at the speed of light, crypto moon Lambos waiting. What happens when the party moves next door? Now, all of a sudden Ethereum this and XRP that and all these other altcoins are the craze! Are they merely Bitcoin’s eccentric uncles, or...
Bitcoin. The digital gold rush. The future of finance... or is it? Beneath the hype and the promise of decentralized power lies a dirty secret: the staggering environmental cost of mining. It’s time we admit this reality and start calling for better. We're not talking about a minor inconvenience; we're...
Mining giant CoreWeave has re-upped its bid to purchase Core Scientific. Is this a stroke of genius, or might it be a potentially riskier bet that sinks them in deep water? Let us explore the pragmatic realities, shall we? Disregard the fantasyland promises. We’re not just playing with monopoly money,...
To be sure, in the commercial landscape of 2025, crypto means much more than Bitcoin. Though Bitcoin’s recent run up to a dizzying all-time-high is incredible, it’s the wild west of cryptocurrencies beyond Bitcoin that’s truly crazy. Opportunistic companies with their eyes on the future recognize that the crypto ecosystem...
Core Scientific's stock is popping, and while some might shout "Bitcoin's back, baby!" I see something far more profound: a quiet, yet seismic, shift towards the dominance of artificial intelligence. CoreWeave’s speculative acquisition of Core Scientific is more than just an asset shuffle. This is a small move, indeed, but...
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...