Bitcoin BTC$106,546.31 notched a new all-time high of $109,000 on Wednesday, but that’s small consolation for bitcoin miners, who last month were …
Miners
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Markets
Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
by shayaanby shayaanWhile cryptocurrencies put in a flattish performance on Friday with bitcoin BTC churning around $104,000, crypto-related stocks were having a moment to …
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Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting 929 exahash …
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Mining
Bitcoin miners show no sign of capitulation as structural signals stay positive, Bitfinex says
by shayaanby shayaanDespite macroeconomic uncertainty, Bitcoin miners are showing confidence in further upside, as stable reserves signal their belief in continued market growth. Bitcoin …
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After four straight difficulty hikes beginning March 9, the Bitcoin network finally eased up—registering a 3.34% downward adjustment that offered miners a …
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Mining
Trump’s support couldn’t stem top US BTC miners losing $190 million in Q1 2025
by shayaanby shayaanPresident Donald Trump has made high-profile campaign promises to champion U.S. Bitcoin mining. However, the nation’s leading publicly traded crypto miners are …
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Mining
Bitcoin Miners With HPC Exposure Underperformed BTC for Third Straight Month: JPMorgan
by shayaanby shayaanBitcoin (BTC) mining companies with high-performance computing (HPC) exposure underperformed the world’s largest cryptocurrency for the third month in a row in …
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Mining
Bitcoin Miners Bleed $40M in April as Fourth Straight Revenue Drop Deepens the Crunch
by shayaanby shayaanBitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight month of …
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Mining
Bitcoin miners may find better returns in AI than crypto, Novogratz’s Galaxy Digital suggests
by shayaanby shayaanBitcoin miners with the right infrastructure and management talent can gain substantial value by pivoting into the booming AI and HPC data …
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In a new report, CoinShares offers important insights into the economics of Bitcoin (BTC) mining, which is evolving following the network’s 2024 …