Price To Surpass This Soon?
Data suggests the average cost of mining Bitcoin is standing around $86,700 right now. Here’s what history suggests could happen next for BTC. Bitcoin Average Mining Cost Is Currently Notably …
Bitcoin Mining
Bitcoin Miners Are Selling Again: CryptoQuant
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling …
Riot Platforms Boosts Bitfarms Stake with Additional Share Acquisition
Riot Platforms has announced the purchase of an additional 1,432,063 shares of Bitfarms. The acquisition, completed on June 10 at approximately $2.7 per share, represents an investment of around $3.87 …
Bitfarms Outlines Defense Plan Against Rival Riot’s Ongoing Takeover Bid
Bitfarms announced on Monday that its Board of Directors has unanimously approved a shareholder rights plan, effective immediately, to preserve the integrity of its strategic alternatives review process in response …
Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets?
Bitcoin is dumping when writing, cooling off from May highs of nearly $72,000. Down roughly 10% from all-time highs, there could be more losses on the way, at least looking …
Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
Core Scientific, a top player in North America’s digital infrastructure industry, has announced a strategic partnership involving a series of long-term contracts extending over 12 years with CoreWeave, an AI …
Riot Stock Rebounds Strongly, Shrugging Off Short Seller’s Report
Riot shares experienced a recovery on June 5 following a report from short seller Kerrisdale Capital. The paper, released just before the Nasdaq opened, accused Riot of mismanagement and predicted …
Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry. Riot has already acquired a 9.25% …
Bitcoin Mining Difficulty Adjusts Upward Amid BTC’s Recent Price Recovery
The Bitcoin mining difficulty has experienced a slight increase of 1.44%, bringing it to 84.38T after a drop of 5.9% to 83.14T on May 9th. It comes when BTC saw …
This is How Much Bitcoin (BTC) El Salvador Has Mined Using Volcanic Energy: Report
Since 2021 when El Salvador began validating Bitcoin blocks with volcanic energy, the Central American country has mined 474 BTC worth approximately $29.6 million at current prices. According to a …