Bitcoin Miners Posted Record Profits in 2Q as HPC Push Accelerated, JPMorgan Say...
Rising bitcoin prices, improved efficiency, and heavy investment in high-performance computing fueled a strong second quarter for...
CleanSpark's Bitcoin Stack Rose to More Than 13K in September
The bitcoin miner produced 629 bitcoin in September, and sold 445 tokens for about $49 million.
NY Senator Introduces Bill to Tax High-Consumption Crypto Miners in New York
New York State Senator Liz Krueger has introduced a bill targeting crypto mining operations that consume large amounts of electric...
Canaan Shares Jump Over 12% as it Lands Largest U.S. Order in 3 Years
The machines will ship in the fourth quarter of 2025, the company said, while keeping the buyer unnamed.
Bitcoin Miners' Market Cap Hit a Record in September: JPMorgan
The average network hashrate rose 9% to an average of 1,031 EH/s last month, according to the bank.
Cipher Is the Latest Bitcoin Miner to Pivot to AI; Price Target Raised to $16: C...
The broker maintained its buy rating on the stock and raised its price objective to $16 from $12.
Riot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets
Alongside, JPMorgan downgraded IREN and CleanSpark
Bitcoin Miner IREN Has 80% Potential Upside Thanks to Big Bet on AI Cloud: Berns...
The broker hiked its IREN price target to $75 from $20 while reiterating its outperform rating on the stock.
CleanSpark Shares Rise After Getting $100M Bitcoin-Backed Credit From Coinbase P...
The credit facility allows CleanSpark to leverage its bitcoin holdings to fund expansion without selling the asset.
Bitcoin Mining Profitability Fell in August, Jefferies Says
U.S.-listed mining companies accounted for 26% of the Bitcoin network last month, unchanged from July, the report said.