Hong Kong Source: Blockchain News
Sep 10, 2024 02:15

Bitfarms (BITF) Reschedules Special Shareholders Meeting Amid Riot Engagement


Bitfarms reschedules its special shareholders meeting to November 6, 2024, to address Riot's amended requisition. The meeting will be held in-person. (Read More)

View Details
Author: Cointelegraph by Pradipta Mukherjee
United States Source: Cointelegraph.com News
Sep 07, 2024 12:00

Riot Platforms Bitcoin holdings cross 10K BTC, production drops

Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs.

View Details
Author: Oluwapelumi Adejumo
United States Source: CryptoSlate
Sep 06, 2024 01:10

Marathon Digital hints at AI pivot following Bitcoin production slowdown in August

Marathon Digital is showing interest in artificial intelligence (AI) as its Bitcoin production slowed in August. On Sept. 5, the BTC miner announced the appointment of AI experts Janet George and Barbara Humpton to its board, replacing Kevin DeNuccio and Said Ouissal, who resigned on Sept. 1 as part of a planned transition. AI experts […]

View Details
Author: Cointelegraph by Vince Quill
United States Source: Cointelegraph.com News
Sep 06, 2024 12:00

Fractal Bitcoin: good or bad for mining revenues?

August 2024 represented the worst month for Bitcoin mining revenue since September 2023, with $827.56 million in fees generated.

View Details
Hong Kong Source: Blockchain News
Sep 06, 2024 02:15

Bitfarms to Participate in H.C. Wainwrights 26th Annual Global Investment Conference


Bitfarms will attend H.C. Wainwrights 26th Annual Global Investment Conference in NYC, featuring CEO Ben Gagnon on a Bitcoin Mining Panel. (Read More)

View Details
Author: Cointelegraph by Vince Quill
United States Source: Cointelegraph.com News
Sep 05, 2024 12:00

Converting mining sites to AI data centers isn't seamless: Sabre56 CEO

According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.

View Details
Author: Cointelegraph by Alex O’Donnell
United States Source: Cointelegraph.com News
Sep 05, 2024 12:00

US regulator again delays decision on eco-friendly Bitcoin ETF

The carbon-offset Bitcoin ETF has been waiting on regulators since December 2023.

View Details
Author: Cointelegraph by Vince Quill
United States Source: Cointelegraph.com News
Sep 05, 2024 12:00

Bitfarms responds to Riot Platforms proposed board changes

Riot Platforms called the recent board changes at Bitfarms a step in the right direction, but stressed that more change is needed.

View Details
Author: Cointelegraph by Ana Paula Pereira
United States Source: Cointelegraph.com News
Oct 01, 2024 12:00

Hive Digital expands focus from crypto mining to AI data centers

Hives strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin.

View Details
Hong Kong Source: Blockchain News
Oct 01, 2024 02:15

Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing


Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations. (Read More)

View Details
Author: Ash Tiwari
United Kingdom Source: NewsBTC
Oct 01, 2024 12:05

Bitcoin May Peak Around $200,000 In Next 18 Months: CleanSpark CEO Tells Why

Zach Bradford, CEO of Bitcoin (BTC) mining firm CleanSpark, has predicted that the premier cryptocurrency may peak close to $200,000 this cycle. Bradfords Bullish Take On BTC Price In an interview with research and brokerage firm Bernstein, CleanSparks CEO noted that historically, post-halving periods have led to several positive adjustments for BTCs price.  It should be recalled that Bitcoin underwent its fourth halving in April 2024, when its block confirmation rewards were slashed from 6.250 BTC to 3.125 BTC. In a note to clients shared today, Bradford remarked: Based on my current analysis, I believe we could see bitcoin peak just under $200,000, sometime in the next 18 months. Thatll likely be a peak. But I do think well see a rapid jump, and then hopefully, an extended elongated period of it being up before we revisit a bear cycle. Related Reading: Historical Trends Put Bitcoin At $400,000 With Shocking Timeline Bradford stressed that he sees Bitcoins extended flat period as a positive sign. It indicates that a sustained rally to the upside may last longer than usual. However, he cautions that this depends on macroeconomic events and other relevant factors. Adding to his comments, Bradford said he expects a considerable push in BTC price post-election through January 2025. Subsequently, this could help Bitcoin miners with efficient cost structures expand their profit margins. Interestingly, the CleanSpark CEO doesnt think its important who wins the US presidential elections in November 2024. Rather, the reduction in electoral uncertainty after the elections will help investors place more confidence in risk-on assets such as Bitcoin. Bradford opined that the US Federal Reserve (Fed) was late in cutting interest rates after hiking them over the past two years. He concluded that to correct its delayed action, the Fed might cut rates more aggressively in the next 15 to 16 months, leading to further BTC price appreciation. Bitcoin Price Looks For Further Upside, But Challenges Remain After hitting a low of nearly $53,900 on September 6, Bitcoin has rebounded by nearly 10% on the back of multiple positive developments, such as the Fed cutting interest rates by 50 basis points (bps), and increased net daily inflows to ETFs. Related Reading: Bitcoin Set For Biggest September Gains In A Decade: Heres Why Crypto analysts believe that there is room for further upside in Bitcoin price. For instance, analysts from 10x Research predict that BTC may reach $70,000 in the coming two weeks, followed by a new all-time high (ATH) price. However, there are reasons to temper this optimism. For example, the recent Bitcoin rally has been accompanied by a rapid increase in open interest, indicating the possibility of high price volatility in the near term. Similarly, another analyst highlighted the greater increase in derivatives trading compared to spot trading as a cause for concern regarding a healthy Bitcoin price trajectory to the upside. Bitcoin trades at $63,710 at press time, down 3.2% in the past 24 hours. Featured image from Unsplash, Chart Tradingview.com

View Details
Author: Cointelegraph by Vince Quill
United States Source: Cointelegraph.com News
Sep 04, 2024 12:00

Bitcoin network hashrate reaches new all-time high 

Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion.

View Details
Author: Cointelegraph by Josh O'Sullivan
United States Source: Cointelegraph.com News
Sep 04, 2024 12:00

Riot Platforms urges Bitfarms board changes ahead of crucial October meeting

Riot Platforms urges further changes to Bitfarms board, proposing two independent directors ahead of a special meeting in October.

View Details
Author: Vivek Sen
United States Source: Bitcoin Magazine: Bitcoin News, Articles, Charts,
Sep 04, 2024 01:25

Bitcoin Hashrate Records New ATH Surpassing 740 EH/s

The Bitcoin network hashrate hit a new all-time high of 746 EH/s on September 3rd, showcasing improved security and fundamentals. This comes as Bitcoin prices decline, underscoring the disconnect between short-term pricing and long-term network health.

View Details
Author: Wayne Jones
Bulgaria Source: CryptoPotato
Sep 28, 2024 01:00

Swan Bitcoin Sues Former Executives Over Alleged Theft of BTC Mining Business

The lawsuit alleges that the executives misappropriated Swan's intellectual property to launch a competing company backed by Tether.

View Details
Author: Cointelegraph by Vince Quill
United States Source: Cointelegraph.com News
Sep 27, 2024 12:00

The key misunderstanding with China's purported BTC hashrate dominance

According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.

View Details
Author: Benson Toti
United Kingdom Source: CoinJournal: Home
Sep 27, 2024 02:00

Hut 8 eyes AI push with launch of GPU-as-a-service program

Hut 8 has laaunched its GPU-as-a-service business to tap into the AI growth potential. The Bitcoin miner said it partnered with Hewlett Packard Enterprise and AdvizeX to launch the 1,000 Nvidia H100 GPUs cluster. Hut 8 eyes revenue diversification and long term growth with this AI bet. Hut 8, an energy infrastructure provider and top […]

View Details
Hong Kong Source: Blockchain News
Sep 25, 2024 02:15

Bitfarms and Riot Platforms Reach Settlement Agreement


Bitfarms Ltd. and Riot Platforms Inc. announce a settlement agreement ahead of the Special Meeting of Bitfarms Shareholders, with significant changes to the Board of Directors. (Read More)

View Details
Author: Jordan Lyanchev
Bulgaria Source: CryptoPotato
Sep 25, 2024 01:00

15 Years Later: Satoshi Era Wallet Moves Bitcoin Mined in Early 2009 (Data)

The entity still owns almost $80 million in BTC.

View Details
Author: Cointelegraph by Zoltan Vardai
United States Source: Cointelegraph.com News
Sep 24, 2024 12:00

China still controls 55% of Bitcoin hashrate despite crypto ban

China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021.

View Details May 23, 2025 05:10    Worldcoin Jumps 10% After World Foundation Raises $135M Through Early Backers May 23, 2025 05:10    Michael Saylors Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock  May 23, 2025 05:10    Despite Record Prices, Bitcoin Selling Pressure Craters as Investors Hold Firm, Cryptoquant Reports May 23, 2025 04:25    Bitcoin Overtakes Amazon in Total Market Cap, as Supporters Eye even Bigger Targets... May 23, 2025 04:20    Ethereum (ETH) Price Prediction 2025, 2026-2030 May 23, 2025 04:20    Best Cryptos To Invest in for Huge Returns In 2025: Solana, Cardano, Unilabs May 23, 2025 04:20    The Rise of AI-Integrated Cryptocurrencies May 23, 2025 04:20    Unilabs Finance Hits $800,000 After Referral System Launch, While Litecoin and Cardano Explode May 23, 2025 04:20    U.S. Senate Advances GENIUS Act: A Game-Changer for Stablecoin Regulation May 23, 2025 04:20    Bitcoin (BTC) Price Prediction 2025, 2026-2030