Benchmark analyst Mark Palmer believes that Singapore-based Bitcoin mining ASIC chip and rig maker Canaan (CAN) has faced challenges but has the potential to achieve five years of success. Palmer began coverage of the ADR last Tuesday with a “buy”…
Despite the macroeconomic uncertainty, Bitcoin miners are showing confidence in future growth as stable reserves confirm their belief in the market’s further development. In a recent research report, analysts at Bitfinex Alpha noted that Bitcoin (BTC) miners have shown no…
Bitcoin’s second-layer scaling solution, Fractal Bitcoin, has significantly improved network security by partnering with one of the largest cryptocurrency mining pools. Fractal Bitcoin (FB), a 2-layer scaling solution for the Bitcoin (BTC) network, recently achieved a major security success. On…
Bitdeer Technologies Group intends to take advantage of the 90-day suspension of US tariffs to import mining equipment from Southeast Asia to the US. Bitdeer, a Nasdaq-listed Bitcoin (BTC) mining company founded by cryptocurrency magnate Jihan Wu, is facing declining…
As Bhutan grapples with youth migration and economic hardship, the country’s prime minister says Bitcoin mining is opening up new horizons and others should follow suit. Bhutan, a Buddhist monarchy on the eastern edge of the Himalayas famous for its…
This is an excerpt from The Drop newsletter. To read full issues, subscribe. Abstract: The Ethereum L2 blockchain, which claims to be “the leading next-generation consumer cryptocurrency,” is introducing and supporting a cryptocurrency mining game that some have accused of…
Nvidia plans to fully manufacture its next-generation artificial intelligence chips and supercomputers in the United States for the first time, the company said in a statement Monday. The move signals growing interest in AI infrastructure and broader efforts to localize…
Investment bank Jefferies said in a research report on Friday that Bitcoin (BTC) mining profitability fell 7.4% in March. The document states that the decline was due to a 11.2% decrease in the average price of Bitcoin and a 9.1%…
April 14, 2025 – Tether , a leading digital asset company, today announced its intention to use both existing and future hashrate on OCEAN, a leading decentralized Bitcoin mining pool launched by renowned Bitcoin Core developer Luke Daszjer. This strategic…
A few weeks ago, a report was released that showed that the use of renewable energy in Bitcoin mining has almost doubled over the past ten years. This has also contributed to a decline in the share of electricity generated…