Bitcoin mining stocks fell sharply this week and have lost over $20B in the past month, while major miners continue to ...
Bitfarms is winding down its Bitcoin mining over two years to focus on AI and high-performance computing infrastructure amid ...
Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is “doomed” — even though Bitcoin mining itself will live on. The “Bitcoin mining industry is going to be dead in two years” he ...
The company began building its ether position and Ethereum staking infrastructure in 2022. As of March 31, Bit Digital held 24,434.2 ETH, valued at $44.6 million, and 417.6 BTC worth $34.5 million. It ...
Bitfarms’ stock has plunged after the company announced it would be shuttering its Bitcoin mining operations over the next ...
Nasdaq-listed Bit Digital has completed a $163 million equity raise specifically to purchase Ethereum, marking a dramatic pivot from Bitcoin mining to ETH treasury accumulation as the company seeks to ...