crypto mining

Senator Elizabeth Warren (D-Mass.) has voiced concerns that foreign-owned cryptocurrency mining operations within the United States could pose significant threats to national security. What Happened: Warren, known for her critical stance on the crypto industry, highlighted several risks during her...

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...

Cipher Mining Inc. (NASDAQ:CIFR) shares traded higher Monday as the price of Bitcoin (CRYPTO: BTC) climbed above $63,000.  The Details: Bitcoin began its recent rally over the weekend after Germany completed the liquidation of its Bitcoin holdings which reduced the selling pressure on the...

Wang Yang, Vice President of the Hong Kong University of Science and Technology (HKUST), has criticized China’s complete ban on cryptocurrency mining, calling it a missed opportunity. What Happened: Speaking at the Hashkey New Vision 1 event on Wednesday, Wang argued that the ban has...

Shares of Bitcoin (CRYPTO: BTC) miner Bit Digital Inc (NASDAQ:BTBT) are moving higher in Wednesday’s after-hours session after the company reported better-than-expected financial results for the first quarter. What Happened: Bit Digital said first-quarter revenue increased 266% year-over-year...

April 19 will see the fourth halving for Bitcoin (CRYPTO: BTC), the world’s first and most popular cryptocurrency. But what exactly happens during the halving and what consequences could it have for Bitcoin investors? How The Bitcoin Halving Mechanism Works Bitcoin’s supply is capped...

Bitcoin’s surge to a record $73,000 has grabbed headlines, but HIVE Digital Technologies Ltd (NASDAQ:HIVE) and Bit Digital Inc (NASDAQ:BTBT), two crypto mining giants, are facing a troubling sign: the Death Cross. Related: Bitcoin Tops $73,000; Toncoin, THORChain Among Top Gainers HIVE...

Marathon Digital Holdings, Inc. (NASDAQ: MARA), a prominent player in the crypto mining ecosystem, has released unaudited updates on its booming Bitcoin mining operations for December 2023. It reported a significant increase in its Bitcoin (CRYPTO: BTC) mining output, bolstered by higher...

Major crypto miners recently discussed strategies to mitigate the impact of Bitcoin (CRYPTO: BTC) halving, set to take place in April 2024. They're focused on being prepared, maintaining capital reserves and improving fleet efficiency to effectively navigate the challenges...

Nishad Singh on Monday testified about the extravagant expenditures he observed while working alongside FTX founder Sam Bankman-Fried, voicing his concerns over what he perceived as a wasteful $20 million spending, which Bankman-Fried countered by accusing Singh of sowing doubts. This ongoing...

Geoff Morphy's professional trajectory is marked by dynamic shifts, significant promotions, and an enduring commitment to corporate excellence. He embarked on his journey with Bitfarms (NASDAQ: BITF) as a director in May 2020. By August, he transitioned into the executive team, taking on...

Cryptocurrency mining company Argo Blockchain (NASDAQ: ARBK), based in London, raised almost $7.5 million by issuing new shares. The funds raised from this share sale, which included a private placement of £5.134 million ($6,635,386.96) and a public sale of £616,000 ($796,143.04),...

Crypto mining company Marathon Digital (NASDAQ: MARA) is facing legal action as its shareholders have accused CEO Fred Thiel and other senior executives of breaching fiduciary duties, unjust enrichment, and wasting corporate assets. A shareholder complaint against Thiel and nine other...

Blockchain tech company, Meten Holding Group Ltd (NASDAQ: METX) entered into an asset purchase agreement with two unaffiliated third parties to acquire 200 units of Antminer S19j Pro (110 TH/s) Bitcoin mining machines. Meten also agreed to issue to the sellers ordinary shares of the...

Cryptocurrency industry employment has experienced a 10% dip over the last year, and the sector now reportedly employs approximately 190,000 individuals, a noticeable decrease from 210,000 in 2022.  "Lots of people have lost their jobs, and many firms are being kept afloat by the...