Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at ‘Overweight’
The broker initiated coverage of HIVE with an overweight rating and $9 price target.
Bitcoin Mining
Blockstream Raises $210M in Convertible Note Financing Round
The money raised will be used to advance adoption and development of Blockstream’s layer 2 technologies, to grow the company’s mining operations, and expand its bitcoin treasury.
Bitcoin Mining Profitability Fell in September, Jefferies Says
October could be a harder month for the miners with the network hashrate currently 11% higher while the bitcoin price is up only about 5%, the report said.
Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners
Bitcoin miners connected to a district heating system in Finland
Chinese Bitcoin company mines one-third of all blocks in a day, dethrones US
The Bitcoin (BTC) mining race intensified between China and the United States, recently dominated by the former in a shift. … Continue reading
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Another Bitcoin Miner Adopts MicroStrategy’s Playbook of Buying BTC in Open Market
Cathedra Bitcoin will move away from mining business and will develop data center instead.
Blockstream Mining Raises Fresh Round of Note That Offers Exposure to Bitcoin Hashrate
The EU-compliant security token gives investors exposure to the hashrate over a four year period.
Cipher’s Bitcoin Mining Business Remains Compelling, Canaccord Says
The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said.