Tag: Miners

news-11102024-181307

Top Bitcoin Mining Companies See Growth in October: Riot, Galaxy, Core Scientific on the...

Bitcoin mining companies have seen a mix of results in October, with some experiencing gains while others faced losses. Despite Bitcoin itself dropping by 4.5%, companies like Riot Platforms (RIOT), Galaxy Digital (GLXY), and...
news-22102024-160425

Bitcoin Miners’ $28 Billion Market Cap: Undervalued Compared to BTC Trading Volumes

Bitcoin miners currently hold a combined market capitalization of $28 billion, which some experts believe may be undervalued when compared to the trading volumes of Bitcoin. In fact, Bitcoin's daily trading volume has been...
news-20102024-033408

Bitcoin Miners’ Dilemma: Hodl BTC or Upgrade to AI After Halving

After the Bitcoin halving earlier this year, Bitcoin miners are faced with a dilemma - whether to hold onto the BTC they mine or invest in artificial intelligence (AI) technology to improve their operations....
news-18102024-092505

Bitcoin hashprice hits two-month high, boosting mining profitability

Bitcoin's hashprice has surged to a two-month high, reaching over $50 for the first time in mid-August. This increase is a positive sign for miners who have been struggling due to harsh market conditions....
news-15062024-025750

Bitcoin Traders Anticipate $60K Bearish Target as Miners Reduce Holdings

Bitcoin traders are bracing themselves for a possible drop in the value of the cryptocurrency in the near future. This is despite positive trends in the equity market and supportive U.S. crypto policies. The...