Bitfarms Stock Pumps as It Dumps Bitcoin Mining for AI With Name Change, Move to US
In brief
Bitfarms plans to change its name to Keel Infrastructure and move to the U.S. as it transitions away from Bitcoin mining.
The ...
Bitcoin Mining Stocks Dive as BTC Price Drops 20% in a Week
In brief
Shares of some prominent Bitcoin miners, like MARA Holdings and Riot Platforms, have dropped more than 10% on Wednesday.
Othe...
Bitcoin mining profit crisis hits as difficulty to drop by 14% this weekend while block time spikes to 20 minutes
While price action has always been volatile and, arguably, exciting, the Bitcoin network itself is built to feel boring. Ten minutes pe...
BTC hashrate drops 12% in worst drawdown since China mining ban
Bitcoin mining activity has taken its biggest hit since late 2021 after a severe winter storm in the United States forced several large...
Bitcoin Mining Profits Hit 14-Month Low After Winter Storm Rocks Miners: CryptoQuant
In brief
The Bitcoin mining profit/loss sustainability index hit a 14-month low, according to CryptoQuant.
The metric measures the pri...