Marathon Digital, now known as MARA Holdings, has released its operational report for April, revealing a significant milestone: the company mined an impressive 705 Bitcoins during the month. […]
Canaan Receives Buy Rating: Analysts See Significant Potential for Stock Growth
Investment bank Benchmark has issued a bullish rating on Canaan, the manufacturer of Bitcoin mining equipment. They’ve set a price target of $3 per share, representing a five-fold […]
Canaan Executives Invest Over $2 Million in Company Shares, Signaling Confidence in Future Growth
Canaan Inc.’s top executives, including CEO Nangeng Zhang and CFO James Jin Cheng, have pledged to invest over $2 million in the company’s shares following the recent Bitcoin […]
Unlocking Bitcoin Mining: A Beginner’s Guide to Starting Your Journey
Mining Bitcoin might seem complicated, but with a bit of preparation and understanding, anyone can participate in the network and start earning rewards. This beginner-friendly guide walks you […]
Riot Platforms Shifts Strategy: Sells 475 BTC for Growth
Riot Platforms, a leading Bitcoin mining company, recently executed its first significant Bitcoin sale in over a year. The sale of 475 BTC was strategic, aiming to fund […]
Bitcoin Mining Booming: Institutions Fuel Growth Amidst Favorable US Climate
Institutional investors are increasingly turning to Bitcoin mining for profit, drawn by its potential profitability and favorable regulatory environment in the United States. The industry is witnessing a […]
Cipher Mining’s BTC Sale Strategy: Insights from April Operations
Recent reports by Cipher Mining have shed light on the strategic management of Bitcoin holdings in the context of industrial-scale mining. Analyzing their April operations reveals a key […]
Cipher Mining Reports April Bitcoin Production & Operations Update
Nasdaq-listed Bitcoin mining company Cipher Mining recently released an unaudited production and operations update for April. The report states that the company mined 174 BTC during the month. […]
Cipher Mining Unveils April Bitcoin Production and Sales Report
Cipher Mining, a publicly traded Bitcoin mining company listed on the Nasdaq stock exchange, recently published its unaudited production and operational update for April. The report reveals that […]
Riot Platforms Records Record Revenue in Q1 2025: Driven by Bitcoin Mining Growth
Riot Platforms achieved record revenue in the first quarter of 2025, primarily fueled by a surge in Bitcoin mining revenues. The company generated $142.9 million from Bitcoin mining […]
Riot Platforms Records High Revenue but Sees Net Loss Due to Rising Mining Costs
Bitcoin mining firm Riot Platforms reported record-breaking revenue of $161.4 million for the first quarter of 2025, a surge of 50% year-over-year. Despite this success, the company experienced […]
Kuwait Tightens Grip on Bitcoin Mining Amidst Energy Crunch and Scorching Heat
Kuwait, once a haven for Bitcoin miners seeking cheap electricity, is now facing increasing pressure to curb the practice as the nation grapples with an intensifying energy crisis. […]
Riot Platforms Reports Highest Revenue Quarter Despite Q1 Loss
Despite achieving its highest-ever quarterly revenue, Riot Platforms reported a loss in the first quarter of 2025. The Bitcoin mining company attributed this loss to increased mining costs […]
Malaysia Police Raid Illegal Bitcoin Mining Operation, Seize Equipment
Malaysian police have launched a crackdown against illicit Bitcoin mining activities in the Hulu Terengganu and Marang regions of the country. On April 30th, authorities conducted raids at […]
Bitcoin Miners Underperform: JPMorgan Report Highlights Challenges and Economic Slowdown
JPMorgan recently released a report highlighting the ongoing struggles of Bitcoin miners, particularly those heavily reliant on high-performance computing (HPC). For the third consecutive month, these miners have […]