Bitcoin Miners Bitdeer, CleanSpark, Core Scientific Initiated at Outperform by KBW
The three companies offer varying degrees of exposure to the world’s largest cryptocurrency, the report said.
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Bitcoin Mining
The three companies offer varying degrees of exposure to the world’s largest cryptocurrency, the report said.
Plural Energy is already tokenizing renewable energy projects; it wants these assets to permeate through the crypto ecosystem.
Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin mining industry.
The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.
Starboard is reportedly pushing the miner to convert some of its mining sites into data centers.
The cryptocurrency market has entered uncharted territory following Donald Trump’s election victory, with Bitcoin (BTC) surpassing $90,000 for the first … Continue reading
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IREN is seeing a resurgence of interest from tech data centers to host their AI-related computing machines.
Company executives also see the potential to pay a dividend in 2025.
The shares rose nearly 30% after the earnings conference call, outperforming peers.
The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth.
The company’s shares fell after reporting third quarter sales that missed estimates by 4%.
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.