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Trump Wants US To Be Bitcoin Mining Capital Of The World — Core Scientific's Move To Buy Chips From Jack Dorsey Just The First Step In That Direction? CEO Gives Us His Take
Sunday, September 29, 2024 - 9:15am | 698Read More...Core Scientific Inc. (NASDAQ:CORZ), one of the world's biggest Bitcoin (CRYPTO: BTC) mining companies, would remember 2024 as a turnaround year. The firm exited Chapter 11 bankruptcy in January and relisted its shares on Wall Street. Since making a comeback, the company's stock has surged nearly...
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What Happened With Bitcoin Miner Core Scientific's Stock Today?
Wednesday, September 18, 2024 - 5:28pm | 344Read More...Core Scientific, Inc. (NASDAQ:CORZ) shares moved higher Wednesday as markets witnessed the first interest rate cut from the Federal Reserve in four years. The Details: Bitcoin (CRYPTO: BTC) miner Core Scientific's stock has climbed more than 20% over the past five days, as investors anticipated an...
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CleanSpark Nears Death Cross As Bitcoin Production Slows: More Pain Ahead?
Thursday, September 5, 2024 - 3:53pm | 563Read More...Cleanspark Inc. (NASDAQ:CLSK), a well-known Bitcoin (CRYPTO: BTC) miner, has had a roller coaster of a year. While the stock is still up 87% over the last year, it's taken a sharp nosedive recently — down 22.1% year-to-date and a staggering 30.48% in just the last month. And things might be about...
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Iris Energy Stock Climbs After FY24 Results: 4,191 Bitcoin Mined, Record Mining Revenue And More
Wednesday, August 28, 2024 - 5:42pm | 400Read More...Iris Energy Limited (NASDAQ:IREN) reported its fiscal-year financial results after Wednesday's closing bell. Here's a look at the key figures from the report. The Details: Iris Energy reported record fiscal-year Bitcoin (CRYPTO: BTC) mining revenue of $184.1 million, up from $75.5 million last...
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TeraWulf Q2 Earnings: Revenue Beat, EPS Miss, Bitcoin Mining Down 21% And More
Monday, August 12, 2024 - 4:38pm | 586Read More...Bitcoin (CRYPTO: BTC) mining company TeraWulf Inc (NASDAQ:WULF) reported second-quarter financial results after the market close on Monday. Here’s a look at the key metrics from the quarter. Q2 Earnings: TeraWulf reported second-quarter revenue of $35.574 million, beating the consensus...
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Riot Platforms Becomes Second Largest US-Listed Miners With Block Mining Acquisition
Wednesday, July 24, 2024 - 9:12am | 484Read More...In a bold strategic move, Riot Platforms Inc (NASDAQ:RIOT) has announced its acquisition of Block Mining, a Kentucky-based Bitcoin (CRYPTO: BTC) miner with a massive power capability. This acquisition aims to boost Riot’s mining prowess, as JPMorgan analyst Reginald L. Smith highlighted: "...
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Small-Cap Crypto Stars: TeraWulf, Hut 8 Surge Over 40% YTD
Thursday, July 18, 2024 - 3:06pm | 607Read More...In a remarkable display of resilience and growth, TeraWulf Inc. (NASDAQ:WULF) and Hut 8 Corp. (NASDAQ:HUT) have emerged as standout performers in the small-cap crypto mining sector, each delivering impressive year-to-date returns of over 40%. TeraWulf Stock Up 128%: Sustainable Bitcoin Mining...
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Bitcoin Miner TeraWulf Reports Worse-Than-Expected Q1 Results
Monday, May 13, 2024 - 4:55pm | 428Read More...TeraWulf Inc. (NASDAQ:WULF) reported its first-quarter financial results after the bell Monday. Here's a look at the details. The Details: Bitcoin mining company, TeraWulf, reported quarterly losses of 3 cents per share which missed the analyst consensus estimate of earnings of 4 cents per...
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Tom Lee Says Bitcoin Will Break Above $200,000 This Cycle: 'It's Pretty Battle Tested'
Thursday, August 24, 2023 - 10:19am | 470Read More...Tom Lee, the Head of Research at FS Insight, predicted the potential growth trajectory of Bitcoin (CRYPTO: BTC) while speaking on CNBC Thursday, stating that the cryptocurrency's network value and inherent scarcity could push its price beyond the $200,000 mark. Lee's comments...
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Bitcoin Miner GoMining Reacts To Narrowly Avoiding Biden's 30% Tax
Monday, June 5, 2023 - 6:02pm | 919Read More...On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill also included a number of add-on taxes, such as the Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for...
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Litigation Bombshell: SBI Crypto Slams Whinstone US With Fraud And Negligence Allegations In Mining Fiasco
Monday, April 10, 2023 - 2:29pm | 488Read More...SBI Crypto Co., a subsidiary of Japan's SBI Holdings Inc, has filed a lawsuit against Whinstone US, a data center based in Rockdale, Texas. The lawsuit accuses Whinstone of misrepresenting its readiness to host a large-scale Bitcoin (CRYPTO: BTC) mining operation and for causing millions of...
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Bitfarms Says CEO Promotion Marks New Era Of Growth, Expansion For Bitcoin Miner
Thursday, December 29, 2022 - 3:48pm | 472Read More...Bitcoin (CRYPTO: BTC) mining company Bitfarms (NASDAQ: BITF) on Thursday announced the promotion of Geoffrey Morphy to the position of president and chief executive officer, effective immediately. Morphy, who previously served as president and chief operating officer, has been instrumental in the...
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This Bitcoin, Ethereum Mining Company Is Employing Intel's 'High-Performance' Chips To Boost Efficiency
Tuesday, March 8, 2022 - 8:10am | 452Read More...Hive Blockchain Technologies (NASDAQ: HIVE), a company that mines Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and other cryptocurrencies, said on Monday it would buy Intel Corporation's (NASDAQ: INTC) high-performance chips. What Happened: Vancouver, Canada-based Hive said it ...
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Why Support.com Shares Are Up 21% Friday
Friday, August 13, 2021 - 10:16am | 285Read More...One of the biggest stock movers Friday is cloud-based support service company Support.com Inc. (NASDAPT). Here’s why shares are up today. What Happened: In March, Support.com announced a planned merger with Bitcoin (CRYPTO: BTC) miner Greenidge Generation Holdings. The company provided an...














