Mining
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 price,…
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 total…
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 a…
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 have…
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 at…
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 computing…
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 network sees first difficulty reduction after four consecutive increases Bitcoin difficulty…
Disclosure: The opinions and arguments expressed here are those of the author alone and do not reflect the positions and opinions of the crypto.news editorial board. Cryptocurrency in the United States is entering a new era as federal and state policymakers…
Bitcoin miners made $40 million less in April than they did in March, marking the fourth straight month of revenue decline since December as the sector continues its downward trend in profits. April Brings Losses Again for Bitcoin Miners as Revenues…
Introduction The real estate sector requires significant energy resources. During construction, large amounts of energy are used to operate heavy machinery and equipment, as well as to manufacture materials such as cement and steel. After construction is complete, buildings continue to…
Malaysian police have busted another illegal Bitcoin mining operation, this time in the Hulu Terengganu and Marang districts in the northeast of the country. According to local news outlet Malay Mail , 45 Bitcoin mining machines worth approximately US$52,145 (RM225,000) and…
Compass Mining announced Tuesday that it has begun work on the first phase of its bitcoin mining facility in Iowa. Compass Mining Provides Power to Initial Phase of 30 MW Iowa Project The first phase of the 8-megawatt (MW) project, part…