Bitcoin Miner Gryphon to Go Public Via All-Stock Merger With Cannabis Firm Akerna
Gryphon previously terminated plans to go public via a reverse merger with Sphere 3D. Source
Read MoreGryphon previously terminated plans to go public via a reverse merger with Sphere 3D. Source
Read MoreArgo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), is facing a class action lawsuit over alleged misleading statements made during the initial public offering (IPO) of its American depositary shares (ADS) in 2021. Source
Read MoreCanada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining sites, filing a lawsuit in a Canadian court.Hut 8 said on Jan. 26 that it had filed a Statement of Claim in the Superior Court of Justice
Read MoreBitcoin (BTC) is seeing new records in network activity as volatility sends BTC price action to fresh five-month highs.Data from resources including MiningPoolStats confirms that Bitcoin’s hash rate hit new all-time highs on Jan. 26.Hash rate passes 300 EH/s thresholdIn another example of Bitcoin’s blitz recovery from the pits of
Read More“The increase in the number of wallets with $1,000 and $10,000 has upticked since the second week of January,” Bitfinex analysts noted, adding the metric was a sign that smaller investors were likely "just joining" the bitcoin rally while whales hold their spot positions. Original Source
Read MoreOn Dec. 16, Nasdaq notified Argo that its shares didn't comply with rules to be listed in the exchange, as closing bid prices for its stock were below $1 for 30 consecutive days. The miner was given until June 12 of this year to regain its listing privileges with Nasdaq,
Read MoreOn-chain data sourced from CryptoQuant shows that the 5,592 BTC worth some $124 million that was transferred out of the miner’s address in the past three days ended up in Binance. Original Source
Read MoreBitcoin (BTC) miner CleanSpark is expanding operations in the state of Georgia, adding to its mining capacity despite the ongoing bear market. Groundbreaking on a new 50-megawatt Bitcoin mining facility in Washington, Georgia, is underway, with expected completion in late spring, CleanSpark disclosed on Jan. 19. The nearly $16 million expansion
Read MoreThe mining firm will increase its computing power by 25% to 34% after the site goes online. Source
Read MoreOn-chain data shows the Bitcoin miner outflows have surged, suggesting that selling from this cohort may be behind the crypto’s decline to $20,700. Bitcoin Miner Outflows Have Registered Multiple Spikes Recently As pointed out by an analyst in a CryptoQuant post, on Wednesday, miners deposited 669 BTC to exchanges. A relevant indicator
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