miners

On Friday, the Bitcoin (CRYPTO: BTC) network underwent its fourth halving since 2012, a pivotal event that halved the mining reward — the amount of Bitcoin awarded for validating transactions. This reduction from 900 to 450 Bitcoin per day is critical to prevent inflation and maintain Bitcoin...

Macro-economic factors have been constantly pushing Bitcoin (CRYPTO: BTC) prices higher as softer market data leads the Federal Reserve to maintain interest rates. This makes Bitcoin an attractive asset for macro investors and hedge funds. What Happened: As reported by Kitco, Mathieu Ziaei,...

Shares of precious metals miners rallied on Thursday, with the VanEck Gold Miners ETF (NYSE:GDX) tracking the industry posting a 1.2% rise for the session and several mining stocks reporting solid gains. Thursday’s unexpected surge in unemployment claims, sparked fears about a weakening...

A new report released by Aiden Lab looks at the dawn of Bitcoin (CRYPTO: BTC) and reveals insightful new information. What Happened: This recent report maintains a firm emphasis on the privacy and notion of decentralization in the early days of Bitcoin. There are numerous...

Over 90% of all Bitcoin (CRYPTO: BTC) is now in circulation after the 19 millionth Bitcoin was mined on Friday.  What Happened: According to reports, there are just over 19 million Bitcoin circulating as of April 1st, 2022, out the total supply of 21 million. A block in the Bitcoin...

Bitcoin (CRYPTO: BTC) miners in Kazakhstan could soon face a five-fold increase in taxes. What Happened: According to reports from local publications in the country, Kazakh authorities intend to raise the tax rate imposed on miners from 1 Kazakh tenge to 5 Kazakh tenges per kWh. The current rate of...

Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading higher Friday as the Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) mining stock is trading in sympathy with those cryptocurrencies. The cryptocurrency market is seeing a green day as many cryptos are starting to...

LM Funding America Inc (NASDAQ: LMFA) shares are trading slightly higher Wednesday after the company further expanded its cryptocurrency mining business. The company announced it purchased an additional 4,000 S19J Pro Antminer Machines for a price of $25.3 million to further expand...

Miami Mayor Francis Suarez recently told the Wall Street Journal that he has been pitching Bitcoin (CRYPTO: BTC) mining firms to set up their operations near South Florida's Turkey Point nuclear power plant. Turkey Point is not part of Suarez's jurisdiction, but he has...

It seems that choosing GDXJ to short the PMs was a good decision – juniors closed the day at new 2021 lows. Will our profits only grow from now on? Gold’s yesterday’s intraday attempt to rally was not bullish. On the contrary, it was what usually happens right before a big slide....

Gratomic Inc. (OTC: CBULF) has inked a deal with Forge Nano, Inc., a leader in surface engineering and precision nano-coating technology used for lithium-ion batteries. What Happened: A Toronto-based graphite mining company, Gratomic announced Wednesday it had engaged in a...

Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. We surveyed a group of over 500 Benzinga investors on whether shares of Marathon Patent Group Inc (NASDAQ: MARA) or...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The metals market is as hot as it’s been in a long time. Spot gold just made a new all-time high for the first time since 2011, and...

Fifteen metals and mining companies recently presented their property positions, development schedules, and market opportunities at the OTCQX Resources Virtual Conference. Here’s Part 2 of our recap. For Part 1, click here. Eastmain Resources Inc. (OTCQX: EANRF) Eastmain is a Canadian junior...

Though they find themselves in the midst of a long-term bear market, there have been clear winners and losers in the precious metals industry over the last several years. For example, since the start of 2016, gold has outperformed both platinum and silver by 30 percentage points and 15 percentage...