Category: miner
-
Crypto CEO Predicts Bitcoin Market Trends For The Mid-Term Using Miner Capitulation
•
Miners are an integral part of the Bitcoin network, and since new supply comes through them, it can be important to track what miners are doing with their coins in an attempt to predict where the market might go in the future. Given this, Ki Young Joo, founder of analytics…
-
Crypto CEO Predicts Bitcoin Market Trends For The Mid-Term Using Miner Capitulation
•
Miners are an integral part of the Bitcoin network, and since new supply comes through them, it can be important to track what miners are doing with their coins in an attempt to predict where the market might go in the future. Given this, Ki Young Joo, founder of analytics…
-
Bitcoin Miner Capitulation Still On, Hash Ribbons Suggest
•
On-chain data shows that Bitcoin Hash Ribbons indicate that miners are still under tremendous pressure as they continue to capitulate. Bitcoin’s tickers have yet to signal the end of miner capitulation in mail On X day, CryptoQuant Community Manager Martin shared what the latest trend in Bitcoin’s hash bars looks…
-
Bitcoin Miner Capitulation Still On, Hash Ribbons Suggest
•
On-chain data shows that Bitcoin Hash Ribbons indicate that miners are still under tremendous pressure as they continue to capitulate. Bitcoin’s tickers have yet to signal the end of miner capitulation in mail On X day, CryptoQuant Community Manager Martin shared what the latest trend in Bitcoin’s hash bars looks…
-
Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead
•
Bitcoin (BTC) has recently struggled to regain its upward momentum.is still in a consolidation phase above the crucial support level of $60,000. Despite hitting an all-time high three months ago, the largest cryptocurrency saw a drop to $59,500 on Wednesday due to increased selling pressure from miners. Bitcoin sell wave…
-
Northern Data, European Bitcoin Miner, Explores IPO for US AI Unit (Report)
•
Northern Data AG, a German high-performance computing infrastructure company, is evaluating the possibility of launching an initial public offering (IPO) in the United States for its cloud computing and data center units. The potential value of this IPO could reach $16 billion. According to According to Bloomberg News sources. Northern…
-
Bitcoin Miner Capitulation At December 2022 Levels – What Happened The Last Time?
•
It’s no secret that Bitcoin miners are currently facing significant financial pressure, especially after the fourth halving event. As a result, these vital network participants are forced to offload their Bitcoin holdings to offset the increasing operating costs. Interestingly, the latest on-chain data shows that the Bitcoin market is experiencing…
-
Bitcoin Miner Capitulation At December 2022 Levels – What Happened The Last Time?
•
It’s no secret that Bitcoin miners are currently facing significant financial pressure, especially after the fourth halving event. As a result, these vital network participants are forced to offload their Bitcoin holdings to offset the increasing operating costs. Interestingly, the latest on-chain data shows that the Bitcoin market is experiencing…
-
What Is A Helium Miner And How It Works
•
In the rapidly evolving landscape of decentralized technology, helium mining has emerged as a vital component, powering a network designed to support the vast growth of Internet of Things (IoT) devices. Helium mining utilizes a unique model that combines blockchain technology with a network of hotspots to create a decentralized,…
-
Bitcoin Miner CleanSpark (CLSK) Buys Out GRIID In $155 Million Stock Transaction
•
CleanSpark (CLSK) — one of the largest publicly traded Bitcoin mining companies — announced Thursday that it has acquired one of its smaller rivals, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts of additional power to CleanSpark to boost its mining operations, and another…
-
Bitcoin Miner CleanSpark (CLSK) Buys Out GRIID In $155 Million Stock Transaction
•
CleanSpark (CLSK) — one of the largest publicly traded Bitcoin mining companies — announced Thursday that it has acquired one of its smaller rivals, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts of additional power to CleanSpark to boost its mining operations, and another…
-
Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
•
Core Scientific, a major player in the digital infrastructure industry in North America, announced a strategic partnership that includes a series of long-term contracts spanning 12 years with CoreWeave, an AI hyperscaler company. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing…
-
Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
•
Riot Platforms Inc., a leading cryptocurrency mining company, has announced its intention to acquire Bitfarms Ltd., another important player in the Bitcoin mining industry. Riot has already taken a 9.25% stake in Bitfarms and plans to make a public takeover bid despite a recent rejection by the company’s board. Global…
-
Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
•
Riot Platforms Inc., a leading cryptocurrency mining company, has announced its intention to acquire Bitfarms Ltd., another important player in the Bitcoin mining industry. Riot has already taken a 9.25% stake in Bitfarms and plans to make a public takeover bid despite a recent rejection by the company’s board. Global…
-
Will Prices Easily “Explode” Past $74,000 Or Dump Due To Miner Capitulation?
•
Bitcoin prices have been trending lower in the past two weeks and generally remain within a bearish formation. Although momentum appears to be rising, the bulls are not out of the woods yet. Analysts do not lose hope and remain overly optimistic, predicting a rally that will take the world’s…
-
Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet
•
on First quarter earnings call Yesterday, Alliance Resource Partners, a $2.8 billion coal mining company that trades under the ticker ARLP on the Nasdaq, reported that it is mining Bitcoin and currently has 425 Bitcoin on its balance sheet. Nasdaq listed Alliance Resources $ARLPa $2.8 billion coal mining company, mines…
-
Coal Miner Strikes $7 Million Bitcoin Gold With Excess Power
•
Alliance Resource Partners (ARLP), a publicly traded coal mining company, has successfully entered into a project Bitcoin mining. The pilot project, which began in 2020, generated significant revenue for ARLP by leveraging underutilized electricity at its River View mine. Bitcoin mining success and adaptability ARLP’s strategic foray into cryptocurrency mining…