Brokerage firm HC Wainwright has cut shares of bitcoin mining company Core Scientific (CORZ) to “neutral” from “buy,” citing increased risk exposure following the recent announcement of a deal with AI cloud services provider CoreWeave (CRWV). The broker also removed…
In the fast-paced world of digital assets, few announcements resonate as much as those that highlight a company’s unwavering commitment to the core principles of cryptocurrency. Recently, Canaan (CAN), a well-known Nasdaq-listed Chinese manufacturer that specializes in cryptocurrency mining hardware,…
The cryptocurrency space is constantly brimming with innovation and growth, but every now and then a company truly stands out from the rest. Iris Energy (NASDAQ: IREN), a prominent player in the Bitcoin mining space, just reported some truly impressive…
Bitcoin miner BitFuFu (FUFU) produced 445 bitcoins in June, up 11.3% from May, as the company expanded its infrastructure across five continents. The Singapore-based miner’s total hashrate under management rose to 36.2 exahashes per second (EH/s), up 6.2% from the…
In June, CleanSpark (CLSK) reached 50 EH/s, expanding its operations into four states in the U.S. and increasing its fleet's average efficiency to 16.15 joules per terahash (J/TH). The Las Vegas-based company mined 685 BTC last month, bringing its total…
CoreWeave (CRWV), a company developing infrastructure for artificial intelligence, has decided to buy Bitcoin. BTC miner Core Scientific (CORZ) has completed a $108,156.11 deal to acquire CORZ shares, valuing them at approximately $20.40 per share based on recent closing prices.…