Finance News – Crypto Miner
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Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy
Bit Digital’s decision to divest from bitcoin mining allows the company to reallocate resources and capital toward expanding its Ethereum staking initiatives and strengthening its...
Read Full Article →Crypto miner Canaan to shutter non-core AI semiconductor business unit amid strategic realignment
Canaan’s decision to exit its AI semiconductor segment allows the company to concentrate investments on expanding its bitcoin mining hardware sales, enhancing self-mining activitie...
Read Full Article →Paraguay law enforcement thwarts crypto miner heist, deports arrested suspects
The prevention of the attempted theft at a digital currency extraction site in Coronel Bogado helped protect significant investments and ongoing operations within Paraguay’s emergi...
Read Full Article →Crypto Miner MARA Holdings Posts $533M Q1 Loss Despite Record Bitcoin Holdings
MARA Holdings experienced a substantial financial setback in the first quarter due to accounting standards requiring recognition of unrealized losses on its large inventory of digi...
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