Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K
Bitcoin [BTC] mining stocks soared Thursday amid stable bitcoin price near its 17-month highs and bullish equity markets. Source
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Mining
Bitcoin Miner Marathon (MARA) Tests BTC Mining With Methane Gas From Waste Landfill
"The methane naturally produced from landfills, biowaste, and elsewhere is often stranded, and Bitcoin miners like Marathon are uniquely positioned to help convert this harmful gas into a productive source of clean, renewable energy," Marathon Chairman and CEO Fred Thiel said. Source
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Quality BTC Mining Stocks Offer a Good Way to Gain Exposure to the Next Crypto Bull Run: Bernstein
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Bitcoin mining difficulty reached new ATH
On Oct. 30, Bitcoin (BTC) mining difficulty increased by 2.35%, setting a new all-time high. This is the fourth increase in a row, according to BTC.com. At the time of writing, Bitcoin mining difficulty is 62.46 T. The average Bitcoin hashrate (the total computing power of equipment mining cryptocurrency) at the current
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Bitcoin Network Sets New Mining Hashrate Record in View of Upcoming Halving and Spot ETF Approval
The Bitcoin network has set a new historic mining hashrate record as the market prepares for next year’s halving. The hashrate for Bitcoin hit a record high on Saturday, cresting at 543 EH/s at 8:00 am GMT. This beat the 525 EH/s recorded on the 7th and 10 of October. The
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Major Bitcoin mining manufacturer announces new miners to begin shipping in January
Bitmain, the largest manufacturer of Bitcoin (BTC) mining ASICs, has shared news that its Antminer T21, an air-cooled miner, would begin shipping as early as January 2024. The Oct. 26 announcement goes on to highlight that the hardware can operate even in harsh conditions, with the ability to withstand 45 degrees
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Bit Digital diversifies crypto mining business with major AI expansion
Bit Digital is extending its crypto mining operations into the AI sector, signing a pivotal GPU rental contract and investing $35 million in high-performance computing hardware. New York-based digital asset and cloud computing firm Bit Digital is diversifying its portfolio by launching a new business vertical called Bit Digital AI. This
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Bitcoin (BTC) Mining Stocks Including MARA, BTBT Rally With Bitcoin Price as Halving Concern Looms
The shares of Bit Digital (BTBT), TeraWulf (WULF), Hut 8 (HUT) and CleanSpark (CLSK) rose more than 10%, outpacing their peers such as Marathon Digital (MARA), Riot Platforms (RIOT) and Hive Digital (HIVE) that rose between 5% and 9%. The only mining stock that fell, though, was Bitdeer (BTDR), which
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Bitcoin price shrugs off bears, but mining stocks take a beating: Report
Until Bitcoin (BTC) breaks its long-established $25,000–$30,000 trading range, the crypto market is arguably in what some analysts have called a “crab market.” It is likely that a decisive macroeconomic or crypto-specific catalyst will be necessary to break out of it. This failed to occur in the month of September. The
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Pennsylvania Democrat Greg Vitali Scraps Proposed Crypto Mining Ban to Advance Energy Conservation Bill
"The crypto mining industry is a massive energy user," Vitali said at the time. "Globally, crypto mining consumes more energy than the countries of Argentina and Australia. This high level of energy usage places more stress on the environment and accelerates the climate crisis, in addition to raising costs for
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