Bitcoin miner outflows spike in January, but public sales remain limited
Bitcoin miner outflows jumped to 28,605 BTC, worth about $1.8 billion, on Feb. 5, one of the largest single-day transfers since November 2024, as prices...
Tag : Miner
Crypto miner Canaan sinks 7% despite strongest quarter in 3 years
Crypto miner and manufacturer Canaan fell 6.9% on the Nasdaq on Tuesday despite reporting a 121.1% year-on-year increase in revenue to $196.3 million in the...
Bitcoin Miner Cango Dumps $305 Million in BTC to Fuel AI Pivot
In brief Bitcoin miner Cango (CANG) sold 4,451 BTC or about $305 million worth this weekend. The firm used the proceeds to repay a BTC-backed...
Bitcoin Miner MARA Moves 1,318 BTC in 10 Hours, Traders Wary of Forced Miner Selling
Bitcoin miner Marathon Digital (MARA) has transferred 1,318 BTC, worth $86.9 million, in 10 hours as Bitcoin slumps to $64K. The miner moved to a...
Russia’s Largest Crypto Miner BitRiver Faces Bankruptcy as CEO Under House Arrest: Report
In brief A regional arbitration court has opened bankruptcy observations against Fox Group, which controls 98% of BitRiver. The case stems from a roughly $9.2...
Bitcoin miner production data reveals scale of US winter storm disruption
New data is providing a clearer picture of how January’s US winter storm affected Bitcoin mining operations, showing that daily production among publicly traded miners...
Bitcoin Miner Canaan Has 180 Days to Escape Nasdaq Delisting — Will It Survive?
Canaan is struggling against the time to retain its Nasdaq listing, highlighting the pressure on publicly traded crypto mining companies as poor equity performance and...
Bitcoin miner CleanSpark broadens AI, HPC footprint with Texas acquisition
The company’s move closer to artificial intelligence and high-performance computing followed many others repurposing some of their infrastructure away from mining crypto. Bitcoin mining company...
Bitcoin Price Prediction: The Physics Behind BTC Price Shows Miner Floor at $93K – Is a $100K Breakout Imminent?
The physics behind Bitcoin’s price reveals the miner energy floor, where full-cycle costs (capex + downtime + taxes) at 8.6¢/kWh, currently sit at $93,000, with...