Marathon Digital will officially be added to the index fund on May 8.
Bitcoin miner Marathon increases 2024 hash rate target to 50 EH/s
If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.
Bitcoin Year-End Price Target Raised to $90K at Bernstein
Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%.
Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals
It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.
Quality Bitcoin Mining Stocks Offer a Good Way to Gain Exposure to the Next Bull Run: Bernstein
Bernstein expects bitcoin to rise to a high of $150,000 in the 2024-2027 cycle, the report said.
Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining.
Bitcoin Miner CleanSpark to Buy 2 Georgia Facilities for $9.3M
The new facilities are expected to add just under 1 EH/s to Nasdaq-listed CleanSpark’s hashrate.
Bitcoin mining firms keep building despite BTC mining profitability slump
Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs.
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
Thursday’s reported first-quarter earnings from miners were a mixed bag.
Bitcoin miner CleanSpark purchases 45,000 ASICs for $145M
The BTC mining firm projects its mining power will reach 16 EH/s by the end of the year.
CleanSpark Buys $144.9M of Bitcoin Mining Rigs to Double Its Hashrate
The brand new Bitmain Antminer S19 XPs miners will be delivered by September.
Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain’s Newest Rigs
The new Bitmain Antminer S19j Pro+ will add 37% to CleanSpark’s computing power.
Startup Sustainable Bitcoin Protocol Completes First Transaction of Clean Mining Tokens
Bitcoin miner CleanSpark sold clean-bitcoin tokens to alternative investment firm Melanion Capital.
BTC miner CleanSpark on the hunt for further crypto miner fire sales
The mining firm is not fearful of the bear market and plans to “pick off infrastructure and assets at good deals” this year.
BTC miner CleanSpark scoops up thousands of miners amid ‘distressed markets’
CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021.
Further BTC mining consolidation as Crusoe acquires peer mining firm
Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead.
CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’
“We are seeing unprecedented opportunities in this market,” said CleanSpark president and CEO Zach Bradford.