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Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake

Short Sellers Target Bitcoin Miners as Reward Halving Nears,  Billion at StakeA recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2 billion mark. The performance of these mining stocks has declined compared to their stronger start earlier this year, coinciding with the proximity of just 663 blocks remaining until the next reward halving. Impending Bitcoin Halving […]

MEXC Research: Top 10 Memecoins to Watch in 2024

Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain

Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From BitmainThe publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest S21 Pro model from Bitmain, which offers 15 joules per terahash (J/T). Bitmain and Cleanspark Seal Deal […]

MEXC Research: Top 10 Memecoins to Watch in 2024

Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets Stage

Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets StageBased on current metrics, the Bitcoin blockchain is set to undergo another difficulty adjustment before the halving, with an anticipated increase of 1.2% to 2.16% around April 11, 2024. Following this adjustment, there will be 1,344 blocks remaining until the reward is halved. Estimated Increase in Difficulty Precedes Halving In April, bitcoin (BTC) miners face […]

MEXC Research: Top 10 Memecoins to Watch in 2024

Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs

Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining RigsOn Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining Fleet With 6 EH/S Boost From Bitmain Arkon Energy has revealed its acquisition of 27,700 bitcoin application-specific integrated circuit (ASIC) mining […]

MEXC Research: Top 10 Memecoins to Watch in 2024

Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event

Bitcoin Miners’ Earnings Hit Record  Billion in March Ahead of Halving EventIn March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month. Historic Month for Bitcoin Miners — Income Peaks at $2 Billion As we […]

MEXC Research: Top 10 Memecoins to Watch in 2024

Marathon Introduces Custom Firmware and Control Board for Enhanced Bitcoin Mining Operations

Marathon Introduces Custom Firmware and Control Board for Enhanced Bitcoin Mining OperationsThis week, the publicly traded mining company Marathon Digital Holdings unveiled new firmware and a control board designed to enhance the efficiency of bitcoin mining rigs. Marathon revealed it has been developing this technology for about a year. Marathon Releases Custom Firmware and MARA UCB 2100 Control Board On March 25, 2024, Marathon (Nasdaq: MARA) […]

MEXC Research: Top 10 Memecoins to Watch in 2024

Bitcoin Mining Stocks Rally Ahead of Halving: Double-Digit Gains Mark Midweek Surge

Bitcoin Mining Stocks Rally Ahead of Halving: Double-Digit Gains Mark Midweek SurgePublicly traded bitcoin mining companies experienced a revival this week, as numerous stocks saw double-digit increases on Wednesday. Shares of Cleanspark soared by 22.8%, Marathon’s shares climbed by 16.1%, and Riot’s shares increased by 11.81% throughout the trading day. Bitcoin Mining Equities See Recovery With Stellar Wednesday Gains With less than a month remaining until […]

MEXC Research: Top 10 Memecoins to Watch in 2024

Speculation Rises on Whether Bitcoin’s Halving Is Reflected in Current Prices

Speculation Rises on Whether Bitcoin’s Halving Is Reflected in Current PricesBitcoin has witnessed new highs in its price lately, with the premier cryptocurrency experiencing an over 60% increase since the beginning of the year. Meanwhile, the crypto community is abuzz with debates on whether the impending halving event is already reflected in the price. There’s a prevailing suspicion that despite bitcoin’s climb against the U.S. […]

MEXC Research: Top 10 Memecoins to Watch in 2024

As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines

As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected DeclinesDespite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others have diminished in value compared to the U.S. dollar, even as bitcoin celebrates fresh price milestones. Mining Stocks Tumble on Nasdaq Nasdaq-listed bitcoin (BTC) miners […]

MEXC Research: Top 10 Memecoins to Watch in 2024