Finance News – Miner
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Google’s unlikely new ally in the AI race is a bitcoin miner
Alphabet’s investment in TeraWulf, a company specializing in bitcoin mining and AI computing, represents a strategic financial move that could influence its position in emerging te...
Read Full Article →Google backs Bitcoin miner TeraWulf’s $1.8B AI project
Google’s commitment to underwrite a substantial portion of lease obligations enhances TeraWulf’s ability to secure financing for its advanced computing initiatives, potentially str...
Read Full Article →Bitcoin miner TeraWulf shares jump 50% after Google secures 8% stake as part of $3.7 billion 10-year...
The investment by a major technology company in TeraWulf highlights growing interest in advanced computing projects, potentially increasing the miner’s market value as new infrastr...
Read Full Article →Bitcoin Miner MARA Is Missing Out on AI Boom: Compass Point
Despite holding a substantial Bitcoin reserve valued at $5.8 billion, MARA has yet to capitalize on the rapidly expanding opportunities presented by advancements in artificial inte...
Read Full Article →Bitcoin miner MARA posts $808m profit as BTC rally drives record gains
MARA Holdings experienced substantial financial growth due to the recent surge in Bitcoin prices, resulting in a significant increase in profits from its mining and treasury operat...
Read Full Article →Bitcoin miner MARA’s adjusted EBITDA jumps over 1,000% in record quarter
MARA experienced a substantial increase in adjusted EBITDA alongside record revenue and net income, solidifying its position as one of the top Bitcoin holders within the mining ind...
Read Full Article →Bitcoin Miner MARA Boosts BTC Buying Power With Nearly $1 Billion Raise
Marathon Digital Holdings increased its capital through a fundraising round approaching $1 billion, enhancing its ability to purchase additional bitcoins beyond the initially plann...
Read Full Article →Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
JPMorgan's revised projections for cryptocurrency mining companies incorporate recent quarterly results and fluctuations in network performance, influencing the investment outlook...
Read Full Article →Solo miner strikes Bitcoin gold, capturing 3.164 BTC in revenue
An individual Bitcoin miner earned around $377,863 by successfully validating a significant number of blocks and receiving a reward of 3.164 BTC during a single mining event.
Read Full Article →Solo Bitcoin miner scores $373,000 block reward
A single Bitcoin miner recently obtained a substantial payout for validating a new block, highlighting the occasional but notable financial success possible in solo mining activiti...
Read Full Article →Crypto Biz: Hive’s Nasdaq moment, Citadel’s tokenization warning and Trump’s Bitcoin bull
Hive Digital Technologies’ listing on Nasdaq highlights growing institutional interest in cryptocurrency mining, while concerns about token regulation persist and prominent figures...
Read Full Article →Bitcoin miner Cango generates 147 BTC in a week, joins 50 EH/s club with holdings above 4,380 BTC
Cango Inc.’s recent mining output increased its total bitcoin holdings to over 4,380 BTC, marking its entry into the competitive group of miners exceeding a 50 EH/s processing powe...
Read Full Article →Bitfarms to buy back 10% of shares, calls stock undervalued
The company aims to invest in itself by purchasing a substantial portion of its outstanding shares, reflecting confidence in its transition toward advanced computing and artificial...
Read Full Article →Bitfarms Stock Jumps After Bitcoin Miner Reveals $64 Million Share Buyback Plan
The announcement of a substantial $64 million repurchase initiative by the Canadian cryptocurrency mining firm positively influenced investor sentiment and increased the company's...
Read Full Article →Bitcoin Miner Bitfarms Jumps 8% on Share Buyback Program
Bitfarms' recent share repurchase reflects management’s confidence in the company’s assets, highlighting potential financial benefits from both its cryptocurrency operations and ad...
Read Full Article →Cryptojacking Resurfaces As Monero Miner Malware Hits 3,500+ Sites: Report
The resurgence of covert cryptocurrency mining malware targeting numerous websites highlights potential risks of increased unauthorized resource usage and associated economic impac...
Read Full Article →Lithium Miner Albemarle's Stock Pops as Chinese Miner Halts Operations
Albemarle’s shares experienced a notable increase following the suspension of activities by a major Chinese lithium producer, potentially impacting the supply dynamics and market c...
Read Full Article →Investors are balking at ‘excessive’ Bitcoin miner exec pay: VanEck
Recent research from VanEck indicates that the substantial compensation of Bitcoin mining executives may not adequately reflect the interests of shareholders, raising concerns abou...
Read Full Article →BIT Mining Stock Soars After Bitcoin, Dogecoin Miner Reveals $300 Million Solana Pivot
The company’s strategic shift to invest $300 million in Solana and plans to exchange existing assets for SOL has significantly impacted its market valuation.
Read Full Article →Bitcoin miner BitFuFu mines 445 BTC for its biggest production month
In June, Bitcoin mining companies experienced varying outcomes, as BitFuFu achieved high bitcoin output contributing to potential revenue gains, while others faced decreased produc...
Read Full Article →BitFuFu Hits 36.2 EH/s Hashrate, 728 MW Capacity in June
In June, BitFuFu expanded its mining power and electricity usage, resulting in a total Bitcoin holding of 1,792 BTC, reflecting notable growth in its digital asset accumulation.
Read Full Article →Bitcoin Miner CleanSpark Produced 685 BTC in June, Hit 16.15 J/TH in Efficiency
CleanSpark’s June mining output of 685 bitcoins and improved energy efficiency contribute to its ongoing growth, solidifying its position as one of the top publicly traded holders...
Read Full Article →Another Solo Bitcoin Miner Beats the Odds, Winning $350K Jackpot
A single Bitcoin miner successfully validated a block on Thursday, earning a reward equivalent to approximately $350,000, highlighting the potential earnings despite the competitiv...
Read Full Article →One-click cloud mining? RICH Miner brings mining to all
The newly introduced cloud mining application simplifies access to cryptocurrency earning by eliminating setup barriers, potentially expanding participation and generating steady d...
Read Full Article →Lucky solo bitcoin miner beats the odds to win $350,000 block reward
A solo miner successfully secured a block reward worth nearly $350,000 by mining block 903,883 through CKpool, demonstrating the potential profitability of individual cryptocurrenc...
Read Full Article →Bitcoin solo miner banks $350K with 2.3 petahash in ‘incredible odds’
A miner operating with relatively low computational power managed to successfully mine a Bitcoin block, earning nearly $350,000 in rewards despite the typically low probability of...
Read Full Article →Bitcoin miner Riot Platforms produces 450 BTC, valued at $49.3 million, in June
Riot Platforms generated approximately 450 bitcoins worth $49.3 million in June, marking its third consecutive month of mining following a temporary suspension earlier this year.
Read Full Article →Bitcoin miner Hut 8 signs five-year capacity contracts with Ontario grid operator for gas-fired powe...
The agreement between Hut 8 and the Ontario grid operator highlights the increasing involvement of cryptocurrency mining in traditional energy systems, potentially impacting long-t...
Read Full Article →Bitcoin Miner IREN Hits 50 EH/s Midyear Hashrate Target, Eyes AI Expansion
IREN's achievement of reaching 50 EH/s in hashing power marks a major milestone, enhancing its position in digital currency mining while supporting future growth through planned AI...
Read Full Article →IREN becomes latest bitcoin miner to hit 50 EH/s hashrate milestone while expanding AI infrastructur...
IREN’s recent hashrate achievement accounts for about 6% of the overall Bitcoin network capacity, indicating a considerable influence on mining power while the company also invests...
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