Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally

November 6, 2024 Bitcoin.com

Bitcoin

After last week’s turbulent period, publicly traded bitcoin mining companies rebounded on Wednesday, celebrating a strong performance as Trump clinched the White House. Bitcoin Mining Stocks See Explosive Gains On Nov. 6, bitcoin mining stocks rallied, riding high alongside bitcoin, which hovered at $74.6K by 9:40 a.m. ET on Wednesday. MARA Holdings (MARA), boasting the […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Bitfufu Reports Q3 Revenue Increase of 47.5% Year Over Year

November 6, 2024 Bitcoin.com

bitcoin.com

Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue of $90.3 million, a 47.5% increase from $61.2 million in the same period last year. The company’s cloud-mining solutions saw even more significant growth, with revenue rising 51.4% year-over-year to $68.9 million. The […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Riot’s Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone’

November 6, 2024 Bitcoin.com

Bitcoin mining

Bitcoin mining company Riot Platforms reported a 23% increase in bitcoin production in October, driven by increased hashrate and operational efficiency. Riot’s Latest Financial Update Bitcoin mining giant Riot Platforms (Nasdaq: RIOT) recently announced that it mined 505 bitcoins (BTC) in October, a 23% jump from the 412 bitcoins mined in September. In the same […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Bitcoin’s Difficulty Soars Past 100 Trillion—How Are Miners Adapting?

November 5, 2024 Bitcoin.com

Bitcoin

Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the network. Bitcoin’s Mining Difficulty Hits 100 Trillion The difficulty level increased by 3.94%, now sitting at 101.65 trillion. Essentially, this metric gauges the challenge of adding a new block to the Bitcoin blockchain. […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

T-Mobile Parent Company Launches Pilot Project for Bitcoin Mining Infrastructure With Surplus Energy

November 4, 2024 The Daily Hodl

Bitcoin

Deutsche Telekom’s subsidiary, MMS, and Bankhaus Metzler are launching a pilot project to establish a Bitcoin (BTC) mining operation utilizing surplus energy. According to a new announcement from Deutsche Telekom – parent company of mobile giant T-Mobile – the intent of the operation is to power BTC mining with electricity from renewable energy sources. According […]

The post T-Mobile Parent Company Launches Pilot Project for Bitcoin Mining Infrastructure With Surplus Energy appeared first on The Daily Hodl.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Bitcoin Mining Stocks Take a Dive – But Monday Could Change the Game for These Players

November 4, 2024 Bitcoin.com

Bitcoin

It’s been a rough week for bitcoin mining stocks, as nine out of the top ten publicly listed miners have seen declines ranging from 2.07% to 19.65%. This Week Applied Digital Leads Declines in Bitcoin Mining Sector, Hut 8 Only Gainer With just two days to go before the U.S. election, crypto markets are heating […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

From Record Hashrate to a 241% Onchain Fee Increase – Bitcoin Mining’s Big October Unpacked

November 2, 2024 Bitcoin.com

Bitcoin

Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash per second (PH/s) of computing power was valued at $54.52 per PH/s, the highest hashprice in 30 days. As of today, however, the spot market […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

The US Election is Just Days Away: Which Party is Best for Bitcoin Mining Stocks?

November 2, 2024 Bitcoin.com

Bitcoin mining

Ever wondered how U.S. presidential elections impact the stock market? We explore historical trends, stock market predictions, and Bitcoin price movements under different administrations. The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Oct. 30, 2024, it was penned by Bitcoinminingstock.io author Cindy […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Bitfarms, Stronghold Digital Mining to Deploy 10,000 Miners in Pennsylvania

November 2, 2024 Bitcoin.com

bitcoin.com

Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a second miner hosting agreement with Stronghold Digital Mining Hosting. Bitfarms will deploy 10,000 miners at Stronghold’s Scrubgrass site. The miners, […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners

November 1, 2024 Bitcoin.com

Bitcoin mining

Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm. A New Deal Between Canaan and Cleanspark According to the announcement, the bitcoin miners, set to run at 249 terahash per second (TH/s) without overclocking, are configured for immersion cooling—a technique […]

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