Core Scientific diversifies Bitcoin mining and B. Riley upgrades it to ‘buy’
Investment banking firm B. Riley upgraded Core Scientific (CORZ) rating this Wednesday. The rating moved from “neutral” to “buy”. B. Riley analyst Lucas Pipes cited...
bitcoin mining
Tether and Adecoagro Will Mine Bitcoin in Brazil Using Renewable Energy
TL;DR Tether signed a deal with Adecoagro to launch a Bitcoin mining operation in Brazil powered entirely by renewable energy. The project will monetize Adecoagro’s...
MARA and CleanSpark Boost Revenues but End the Quarter with Massive Losses
TL;DR MARA and CleanSpark boosted revenues in Q1 2025, reaching $214M and $182M respectively, but both ended the quarter with net losses. The first one...
Bitdeer Will Stop Selling Rigs and Focus on Bitcoin Mining
TL;DR Bitdeer will stop selling rigs to focus on self-mining, responding to low profitability and tariff uncertainty in the U.S. It will take advantage of...
MARA Holdings Plans a $2 Billion Stock Offering to Expand Its Bitcoin Treasury
TL;DR MARA Holdings will launch a $2 billion stock offering to expand its Bitcoin treasury and strengthen its strategy following the latest halving. The company...
MARA Holdings: Bitcoin Record and a Bold Bet on AI
TL;DR MARA Holdings announced its expansion into AI infrastructure, focusing on the inference process as the key to the next wave of technological evolution. In...
CleanSpark Increases Its Revenue by 120%
TL;DR CleanSpark closed the quarter with $162.3 million in revenue, a 120% increase from the previous year, and a net income of $246.8 million. It...
Bitcoin Mining Reaches Record $45 Million in Daily Revenue
TL;DR Bitcoin mining daily revenue reached $45 million, suggesting a potential new bullish cycle or sustained growth. Mining activity reflects increased miner confidence and a...
Bitcoin Mining Companies Have Outperformed BTC, According to Report
In the course of the year 2023, Bitcoin demonstrated outstanding performance by experiencing an increase of over 150%, significantly surpassing the Nasdaq’s increment, which stands...
Bitcoin Transaction Fees Reach Their Highest Value in Nearly 6 Months
According to a report, the cost of Bitcoin transaction fees experienced a significant increase, reaching its highest level in nearly six months. This increase is...