Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October.
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Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham’s data suggests the assets are still under […]
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by […]
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a […]
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed.
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific.
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from […]
The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in […]
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and […]