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Tag: Hut 8

Marathon, Riot among most overvalued Bitcoin mining stocks: Report

Bitcoin (BTC) mining heavyweights Marathon Digital and Riot Platforms are among the most overvalued crypto mining companies relative to their competitors, says MinerMetrics founder...

Bitcoin Hashrate Hits New Peak as Miners Feel The Pressure

Bitcoin network “horsepower” continues to climb, which is good news for its security but bad news for miners who are now facing more...

Bitcoin Price Jumps Past $28,000; Ethereum Climbs On ETF Launches – CryptoInfoNet

Cryptocurrency prices jumped to kick off October. Bitcoin price eased from $28,000 after surging to mid-August highs early Tuesday. Ethereum reclaimed its $1,700 level...

Bitcoin Mining Giant Hut 8 Set to Merge with USBTC

Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), one of North America's leading digital asset and bitcoin mining pioneers, has announced further developments regarding...

First Mover Asia: Bitcoin Retreats, Quickly Regains $30K Perch as Investors Mull ETF Timing, Inflation

The market remains optimistic about the future of a spot bitcoin ETF in the U.S., as bitcoin (BTC) maintains the key $30,000 level. Quinn...

Riot Platforms Buys 33,280 Mining Gears for Whopping $162.9M

The purchase of the mining rigs is well ahead of Bitcoin’s next halving cycle. Unfortunately, the equipment isn’t scheduled to arrive until December. One...

Riot Acquires Next-Gen Miners from MicroBT, Boosting Mining Capacity

Riot Platforms, Inc. (NASDAQ: RIOT), a prominent player in the Bitcoin mining and data center hosting industry, has made a groundbreaking move by entering...

Bitcoin Miner Hut 8 Borrows $50M From Coinbase for ‘Treasury Management Strategy’ – Decrypt

Bitcoin mining company Hut 8 Mining today announced it has arranged a $50 million credit facility through Coinbase Credit, the subsidiary of America’s largest...

DIBA launches on mainnet – My Startup World – Everything About the World of Startups!

DIBA, the first Bitcoin NFT marketplace leveraging RGB smart contracts, launches on mainnet. The launch includes BitMask, a one-of-a-kind, Bitcoin-only wallet that can hold...

Marathon Digital CEO: Bitcoin Mining Bill ‘Won’t Change Our Minds About Texas’

The Texas Bitcoin mining bill that the industry didn’t think would make it out of committee did. Then it cleared the State Senate, too—each...

gm: Canadian Bitcoin Miner Hut 8 Is Heading West

gm: Canadian Bitcoin Miner Hut 8 Is Heading WestToronto-based Bitcoin mining company Hut 8 recently announced a merger with U.S. Bitcoin Corp that will...

Why These 3 Bitcoin Miners Rocketed More Than 8% Today | The Motley Fool

What occurredFor insiders and people who watch the cryptocurrency sector from afar, Bitcoin (BTC 4.60%) is usually the most-followed asset on this house. Wednesday’s spectacular surge...

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