Canadian Bitcoin mining company Hive Digital Technologies has decided to invest heavily in Latin America , choosing Paraguay as a long-term strategic partner. According to Aydin Kilic , President and CEO of Hive, Paraguay is an ideal combination of geopolitical…
In a development that may have surprised many observers, Cango Inc., a company known for its automotive services, has rapidly become a prominent player in the cryptocurrency mining space. This strategic move highlights a growing trend of companies across multiple…
A recent Cambridge study confirms that the United States now dominates global Bitcoin mining, raising questions about China’s possible response. While the country has long had anti-cryptocurrency policies, Chinese mining pools have historically controlled a significant portion of the global…
Investment bank Compass Point cut its rating on MARA Holdings (MARA) shares to “sell” from “neutral” on Tuesday, citing volatile cash burn. “There are better ways to acquire BTC beta,” the analysts wrote in a research note, citing Marathon’s hash…
US Bitcoin mining company CleanSpark has released its unaudited results for April 2025, confirming its resilience in both its operating performance and strategic positioning ahead of a major hashrate milestone. In April 2025, CleanSpark produced 633 bitcoins, contributing to a…
Benchmark analyst Mark Palmer suggests that Singapore-based Bitcoin mining chip and ASIC maker Canaan (CAN) has had a tough time but has the potential to grow fivefold. Palmer began coverage of the ADR last Tuesday with a “buy” rating and…
Despite the uncertainties in the macroeconomic environment, Bitcoin miners are showing confidence in future growth as their stable reserves indicate faith in the market’s further development. In a recent research report, analysts at Bitfinex Alpha noted that Bitcoin (BTC) miners…
Riot Platforms (NASDAQ: RIOT) produced 463 bitcoin in April 2025, down 13% from March but up 23% year-over-year, according to its latest unaudited monthly production and operations report. The company also sold 475 bitcoin, generating net revenue of $38.8 million…
Bit Digital, a global high-performance computing (HPC) infrastructure platform and digital asset mining company, announced it intends to raise up to US$500 million through an all-in-one (ATM) offering. The company’s capital-raising efforts are aimed at supporting its expansion into high-performance…
After four consecutive difficulty increases starting on March 9, the Bitcoin network has finally settled down, recording a 3.34% decline, which has come as a welcome relief to miners. Bitcoin difficulty has decreased for the first time since its March…