On Jan. 2, 2025, the publicly traded company Bitfufu announced its latest strategic move, securing a partnership with Bitmain to acquire a …
Miners
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Mining
Lawmaker warns crypto miners in Chechnya will be treated like terrorists in 2025
by shayaanby shayaanState Duma lawmaker Adam Delimkhanov says crypto miners in Chechnya will be equated with terrorists, following the ban on cryptocurrency mining in …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Merry Christmas and Happy Hanukkah to those who …
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Mining
Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says
by shayaanby shayaanBTC’s rise to record highs earlier this week is expected to allow miners to extend their November profitability into December, according to …
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Mining
Bitcoin’s Price Rollercoaster Takes Miners for a Ride—Hashrate Begins to Recover
by shayaanby shayaanLast week, the price of bitcoin took a tumble, and right alongside it, the network’s computing muscle flexed down from a whopping …
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Mining
Wall Street Bitcoin Miners Report Lower November Production Despite BTC Rising to $100,000
by shayaanby shayaanMajor Wall Street Bitcoin miners reported varied production results for November 2024, as network difficulty increased by 7% during the month, impacting …
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BTC Digital Ltd. (NASDAQ: BTCT), a provider of Bitcoin mining services, announced that its contract with BITMAIN, a mining hardware manufacturer, is …
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Bitcoin miners had plenty to smile about in November, as their revenue received a significant boost thanks to a price climb, hitting …
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Mining
Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and Infrastructure
by shayaanby shayaanBitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and Invest Big …
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Markets
Bitcoin Miners Approach $40B Market Cap as Difficulty Set for Fifth Straight Increase
by shayaanby shayaanPublicly traded bitcoin (<a href=”https://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) miners are approaching the milestone of an aggregated $40 billion market cap, according to <a …