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Small-Cap Crypto Stars: TeraWulf, Hut 8 Surge Over 40% YTD
Thursday, July 18, 2024 - 3:06pm | 607In a remarkable display of resilience and growth, TeraWulf Inc. (NASDAQ:WULF) and Hut 8 Corp. (NASDAQ:HUT) have emerged as standout performers in the small-cap crypto mining sector, each delivering impressive year-to-date returns of over 40%. TeraWulf Stock Up 128%: Sustainable Bitcoin Mining...
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Bitcoin Miner TeraWulf Reports Worse-Than-Expected Q1 Results
Monday, May 13, 2024 - 4:55pm | 428TeraWulf Inc. (NASDAQ:WULF) reported its first-quarter financial results after the bell Monday. Here's a look at the details. The Details: Bitcoin mining company, TeraWulf, reported quarterly losses of 3 cents per share which missed the analyst consensus estimate of earnings of 4 cents per...
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Tom Lee Says Bitcoin Will Break Above $200,000 This Cycle: 'It's Pretty Battle Tested'
Thursday, August 24, 2023 - 10:19am | 470Tom Lee, the Head of Research at FS Insight, predicted the potential growth trajectory of Bitcoin (CRYPTO: BTC) while speaking on CNBC Thursday, stating that the cryptocurrency's network value and inherent scarcity could push its price beyond the $200,000 mark. Lee's comments...
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Bitcoin Miner GoMining Reacts To Narrowly Avoiding Biden's 30% Tax
Monday, June 5, 2023 - 6:02pm | 919On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill also included a number of add-on taxes, such as the Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for...
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Litigation Bombshell: SBI Crypto Slams Whinstone US With Fraud And Negligence Allegations In Mining Fiasco
Monday, April 10, 2023 - 2:29pm | 488SBI Crypto Co., a subsidiary of Japan's SBI Holdings Inc, has filed a lawsuit against Whinstone US, a data center based in Rockdale, Texas. The lawsuit accuses Whinstone of misrepresenting its readiness to host a large-scale Bitcoin (CRYPTO: BTC) mining operation and for causing millions of...
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Bitfarms Says CEO Promotion Marks New Era Of Growth, Expansion For Bitcoin Miner
Thursday, December 29, 2022 - 3:48pm | 472Bitcoin (CRYPTO: BTC) mining company Bitfarms (NASDAQ: BITF) on Thursday announced the promotion of Geoffrey Morphy to the position of president and chief executive officer, effective immediately. Morphy, who previously served as president and chief operating officer, has been instrumental in the...
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This Bitcoin, Ethereum Mining Company Is Employing Intel's 'High-Performance' Chips To Boost Efficiency
Tuesday, March 8, 2022 - 8:10am | 452Hive Blockchain Technologies (NASDAQ: HIVE), a company that mines Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and other cryptocurrencies, said on Monday it would buy Intel Corporation's (NASDAQ: INTC) high-performance chips. What Happened: Vancouver, Canada-based Hive said it ...
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Why Support.com Shares Are Up 21% Friday
Friday, August 13, 2021 - 10:16am | 285One of the biggest stock movers Friday is cloud-based support service company Support.com Inc. (NASDAPT). Here’s why shares are up today. What Happened: In March, Support.com announced a planned merger with Bitcoin (CRYPTO: BTC) miner Greenidge Generation Holdings. The company provided an...