Breaking News: MINING COMPANIES – Market Insights, Analysis & Latest Updates

MINING COMPANIES

Bitcoin miner Bitdeer’s stock slips 3.5% after reporting net loss in Q2

Bitdeer reported a net loss of $17.7 million for Q2, despite revenue growth, leading to a 3.55% drop in Nasdaq stock price.

theblock.co • 13/08/2024 - 07:01 AM

Marathon Digital intends to offer $250 million in covertible notes to buy more BTC

Marathon Digital is offering $250 million in convertible notes to buy more bitcoin, following a significant loss in Q2 2024 and a recent $100 million bitcoin purchase.

theblock.co • 12/08/2024 - 12:14 PM

MINING COMPANIES

Riot Platforms and Bitfarms shine in July as other miners struggle in post-halving revenue squeeze

August 2023 bitcoin miner updates reveal production increases for major miners amid a competitive landscape and potential sales, highlighting market challenges and strategies post-halving.

theblock.co • 09/08/2024 - 20:24 PM

MINING COMPANIES

Bitcoin miner Bitfarms' stock surges 20% on narrower-than-expected Q2 loss

Bitfarms reports a smaller-than-expected Q2 loss, showing growth in production and stock price amid expansion plans, despite a reduction in revenue due to the Bitcoin halving.

theblock.co • 08/08/2024 - 17:33 PM

MINING COMPANIES

Bitcoin miner Core Scientific reports $805 million net loss in Q2

Core Scientific reported a net loss of $804.9 million in Q2 2024, primarily due to non-cash adjustments, despite some revenue growth and strategic shifts in operations.

theblock.co • 07/08/2024 - 21:56 PM

MINING COMPANIES

Bitcoin miner Marathon Digital's shares fall 8% as it reports wider Q2 losses

Marathon Digital reported increased losses in Q2 2024 due to operational challenges and shed light on its strategic purchases and mining goals despite reduced bitcoin production.

theblock.co • 02/08/2024 - 04:51 AM

MINING COMPANIES

Bitcoin miner Riot Platforms reports wider losses in Q2, buys more Bitfarms shares

Riot Platforms reports a wider Q2 loss of $84.4 million, a 52% drop in bitcoin production, and pursues a takeover of Bitfarms while facing declining stock prices.

theblock.co • 01/08/2024 - 06:55 AM

Bernstein says mining hardware is a $20 billion opportunity amid Trump's push to 'make bitcoin' in the US

Bitcoin mining chips and hardware represent a $20 billion opportunity over the next five years, according to analysts at Bernstein. The analysts see this as favorable for U.S. Bitcoin miners amid Donald Trump’s recent push to “make bitcoin” in America.

theblock.co • 30/07/2024 - 10:58 AM

BRN analyst says miners appear to be accumulating bitcoin

Bitcoin miners have started accumulating bitcoin, indicating confidence in its value amid potential catalysts that could drive prices to new highs, including Trump's advocacy for the cryptocurrency.

theblock.co • 29/07/2024 - 11:41 AM

Mempool explorer launches service to expedite unconfirmed bitcoin transactions via five mining pools

Mempool Accelerator offers an off-chain service to expedite unconfirmed Bitcoin transactions for a fee, with partnerships from major mining pools and enhanced transaction visibility.

theblock.co • 29/07/2024 - 09:53 AM

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