crypto mining

HIVE Digital Technologies Ltd (NASDAQ:HIVE) on Thursday reported its fiscal fourth-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Rosenblatt Securities On HIVE Digital Technologies Analyst Chris Brendler maintained a Buy rating, while...

The owner and operator of Bitcoin (CRYPTO: BTC) mining data centers, IREN Ltd. (NASDAQ:IREN), is on experts’ radar as they find value in the company, expecting the stock to soar over $100 apiece in the next 18 months. What Happened: According to Eric Jackson, the founder and president of EMJ...

The Securities and Exchange Commission clarified its position on cryptocurrency mining activities Thursday, asserting that they do not fall under federal securities laws. What Happened: The SEC’s Division of Corporation Finance stated that proof-of-work mining activities, which involve using...

CleanSpark Inc (NASDAQ:CLSK) reported first-quarter financial results after the market close on Thursday. Here’s a rundown of the report. Q1 Earnings: CleanSpark reported first-quarter revenue of $162.3 million, beating analyst estimates of $150.87 million, according to Benzinga Pro. The...

Riot Platforms Inc (NASDAQ:RIOT) made a strategic pivot that is shaking up its future trajectory. The company announced it would pause its Bitcoin (CRYPTO: BTC) mining expansion at Corsicana and instead conduct a feasibility study on converting its remaining capacity to AI and high-performance...

Iris Energy (NASDAQ:IREN) is charging ahead in the Bitcoin (CRYPTO: BTC) mining arena, setting its sights on a substantial leap in computational power. According to JPMorgan analyst Reginald L. Smith, the company has an ambitious target to reach 50 exahashes per second (EH/s) by 2025. This would...

Marathon Digital Holdings Inc. (NASDAQ:MARA), a key player in the digital asset and cryptocurrency mining space, has been on a roller-coaster ride. While the stock is down 18.49% year-to-date, it has surged 75.99% over the past year, making it a favorite among investors looking for exposure to the...

Bit Digital, Inc. (NASDAQ:BTBT) reported its second-quarter financial results Monday after the closing bell. Here's a look at the details from the report.  The Details: Bit Digital reported quarterly losses of nine cents per share, which missed the analyst consensus estimate of losses of three...

Bitcoin (CRYPTO: BTC) miners are adapting to a new landscape as they seek to optimize operations and diversify revenue streams, according to a recent report from Bernstein analysts. What Happened: The second-quarter “report card” written by lead analyst Gautam Chhugani and team...

Blockchain computing firm Bitdeer Technologies Group (NASDAQ:BTDR) on Monday announced a net loss of $17.7 million, compared to a $40.4 million loss in the same quarter last year. What Happened: The revenue for Q2 2024 reached $99.2 million, up from $93.8 million in Q2 2023, according to its...

Senator Elizabeth Warren (D-Mass.) has voiced concerns that foreign-owned cryptocurrency mining operations within the United States could pose significant threats to national security. What Happened: Warren, known for her critical stance on the crypto industry, highlighted several risks during her...

In 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...

Cipher Mining Inc. (NASDAQ:CIFR) shares traded higher Monday as the price of Bitcoin (CRYPTO: BTC) climbed above $63,000.  The Details: Bitcoin began its recent rally over the weekend after Germany completed the liquidation of its Bitcoin holdings which reduced the selling pressure on the...

Wang Yang, Vice President of the Hong Kong University of Science and Technology (HKUST), has criticized China’s complete ban on cryptocurrency mining, calling it a missed opportunity. What Happened: Speaking at the Hashkey New Vision 1 event on Wednesday, Wang argued that the ban has...

Shares of Bitcoin (CRYPTO: BTC) miner Bit Digital Inc (NASDAQ:BTBT) are moving higher in Wednesday’s after-hours session after the company reported better-than-expected financial results for the first quarter. What Happened: Bit Digital said first-quarter revenue increased 266% year-over-year...