Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein
The company has the financial capacity to consolidate the bitcoin mining space, the report said.
Binary trading platforms with better performance and payouts
Bitcoin Mining
The company has the financial capacity to consolidate the bitcoin mining space, the report said.
Bitfarms’ shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot’s announcement.
The company will help monetize stranded energy in the African country and help manage its renewable energy production.
President Biden’s emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property.
The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.
The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.
Argentina’s largest electricity company, YPF Luz, has entered into an agreement with Genesis Digital Assets Limited (GDA). The partnership will … Continue reading
The post BTC adoption alert: Argentina’s largest electricity company to mine Bitcoin appeared first on Finbold.
The miner is looking at options including sale of all or part of the company and other strategic transactions.
Bitcoin’s (BTC) price shambled post-halving, with consecutive losses and the first “red month” in April, after a 7-month green streak. … Continue reading
The post Capitulation incoming? Bitcoin miners’ revenue drops to a 6-month low appeared first on Finbold.