Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure
The bitcoin miner held over 10,000 bitcoin at the end of last year.
Bitcoin Mining
Bitdeer Q4 Loss Widens to $532M as Miner Focuses on ASIC Development for 2025 Growth
The bitcoin mining firm faced revenue declines but is betting on proprietary ASIC chips to drive future expansion.
Bitcoin Hashrate Growth Slows Amid Tough Market Conditions for Smaller Miners
The latest MinerMag report shows a slowdown in Bitcoin hashrate growth amid shifting market conditions.
U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein
These companies grew their share of the Bitcoin network to about 29% in January from around 20% a year ago, the report said.
Blockchain Startup BTQ Proposes More Energy Efficient Alternative to Crypto’s Proof of Work
A new paper proposes using a method called “coarse-grained boson-sampling” to validate the proof of work process and reward successful miners.
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.
It’s Hard to Fund Midsize Green Assets. This Tokenization Startup Wants to Change That
Plural Energy is already tokenizing renewable energy projects; it wants these assets to permeate through the crypto ecosystem.
How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse
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.
Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan
The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.
Activist Investor Starboard Has Built Stake in Bitcoin Miner Riot: WSJ
Starboard is reportedly pushing the miner to convert some of its mining sites into data centers.