Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise
Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business. Source
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Miner
Why Massive Bitcoin Miner Outflow Has This Top Quant Analyst “Scared”
Bitcoin price is still hanging onto $18,000 and is only a couple of grand shy of finally taking
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Bitfury to Sell Its 38% Stake in Bitcoin Miner Hut 8
Bitcoin mining hardware manufacturer Bitfury has filed to sell its remaining 38% stake in Toronto Stock Exchange-listed mining company Hut 8.The Amsterdam-based manufacturer filed a notice of intention to distribute securities on Dec. 3 for the sale of 37,226,958 shares of Hut 8. At current prices, the stake is worth
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Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping 2-Year Highs
As bitcoin continues surging toward record highs, bitcoin mining companies ride its coattails. Shares of the publicly traded bitcoin mining company Riot Blockchain rose 50% this week, trading hands just below $6.00 at week’s end. Bitcoin gained nearly 17% over the same period. Riot shares surged even higher in early hours Friday,
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Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping Two-Year Highs
As bitcoin continues surging toward record highs, bitcoin mining companies ride its coattails. Publicly traded bitcoin mining company Riot Blockchain rose 50% this week, trading hands just below $6.00 at week’s end. Bitcoin gained nearly 17% over the same period. Shares of the Castle Rock, Colo.-based firm surged even higher in early
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Blockchain Bites: Ethereum 2.0’s Deposit Contract Goes Live as ETH Miner Revenues Dwindle
Predictive markets rollicked with U.S. ballot counting. Two more crypto payments cards are expected to market. Nearly $1 billion worth of BTC moved from a long-dormant wallet potentially connected with the shuttered Silk Road exchange. Top shelfStaking beginsEthereum 2.0’s deposit contract is now live, as of 15:00 UTC. According to developer
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BTC hash rate slumps amid seasonal miner migration in China
Mining data aggregators attribute a slump in Bitcoin’s hash rate to the end of the wet season in Sichuan, resulting in many miners migrating to other jurisdictions.On Oct. 26, Thomas Heller of Bitcoin (BTC) mining blog Hashr8 reported that roughly 22 exahashes per second (EH/s) of mining power had left
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DeFi Buzz Drove Record $12M Earnings This Summer, Says Ethereum Miner HIVE Blockchain
The ether miner has reported its best ever quarter, saying that surging interest in DeFi led to bumper transaction fee revenues. Source
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Bitcoin Miner Producer Ebang Blames Coronavirus for 50% Slump in Revenue
Nasdaq-listed bitcoin miner manufacturer Ebang said the pandemic had disrupted its supply chain and led to a significant drop in revenue. Source
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MicroBT Sets Up First Offshore Bitcoin Miner Factory to Expand US Market Share
Chinese bitcoin miner manufacturer MicroBT is looking to grab a bigger slice of the U.S. market by setting up its first overseas production center.The company said on Friday that it has partnered with New York-based Foundry Digital LLC and a Southeast Asian company in order to improve supply chain efficiencies
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