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September 23, 2023
Valkyrie Bitcoin Miners ETF WGMI, which provides exposure to the bitcoin mining industry, has gained about 117% so far this year, becoming the top-performing…
August 23, 2023
The top five largest crypto mining companies collectively lost $2.8 billion of their market Cap following last Thursday’s Bitcoin (BTC) flash crash. AltIndex…
August 20, 2021
Pre-Deal SPACs are trading near their lowest levels ever, and newly announced deals are mostly underperforming.
July 14, 2021
by Tyler Durden After the Chinese government banned cryptocurrency mining in last month, hundreds of fellow miners gathered in a luxury hotel in Western China to discuss their next steps; specifically - where to find abundant, reliable, and cheap electricity to power their sprawling operations, according to Bloomberg. The miners sat in rows of white chairs in a hall at the Gran Melia Chengdu Hotel and listened intently to the executives at Bitmain Technologies Ltd., the world’s largest min...
July 14, 2021
Bitcoin Miners Navigate Wild And Extreme World Of Power Hunting A Bitcoin mining rig is usually made up of thousands of computers, specially built to run the complex calculations that maintain the cryptocurrencys network Updated: July 14, 2021 9:35 am IST Miners also want confidence they wont wake up to news that their business has been outlawed again One weekend in late June, hundreds of gloomy Bitcoin miners crowded into a luxury hotel in Western China. They had a big problem: Just weeks ...
March 5, 2021
Bitcoin Miner Cipher Mining Technologies to Go Public Via Good Works SPAC March 5, 2021 @ 3:14 pm By JD Alois Cipher Mining Technologies, a U.S.-based Bitcoin mining firm, will become a publicly-traded company via a special acquisition company (SPAC). Good Works (Nasdaq:GWAC) has agreed to a merger and following the combination the new entity will be called Cipher Mining trading under the symbol CIFR. Cipher Mining is a newly formed subsidiary of Bitfury Top HoldCo B.V. Good Works currently h...