Mining News

Popular Bitcoin mining stocks have formed the rare death cross pattern, pointing to more pain ahead. CleanSpark and Marathon Digital have formed a death cross Marathon Digital, the largest mining company in the industry, dropped to $13.75 on Sep. 6,…

Bitfarms has questioned the qualifications of Riot Platforms’ proposed board nominees, accusing Riot of using governance reforms as a cover for a takeover attempt. Canadian Bitcoin (BTC) miner Bitfarms has pushed back against its rival Riot Platforms‘ proposed board changes,…

H.C. Wainwright, an investment bank that offers strategic advisory and equity research has launched a Bitcoin mining-focused deal tracker. Mike Colonnese, a managing director of equity research at H.C. Wainwright, announced the launch of the Bitcoin (BTC) ‘HCW BTC Miner…

Bitfarms sold over 60% of August Bitcoin production amid rising network difficulty. Canadian Bitcoin (BTC) miner Bitfarms announced that it sold nearly 63% of the Bitcoin it mined in August, amounting to 147 BTC out of the 233 BTC generated…

Riot Platforms urges Bitfarms shareholders to back further board changes, warning the company against moves to entrench its current board. Bitcoin (BTC) miner Riot Platforms urged Bitfarms‘ shareholders to support further changes to the company’s board at the upcoming Oct.…

Analysts at H.C. Wainwright & Co. believe Cipher’s recent acquisition in Texas will enhance its strategic operations. Cipher recently announced the acquisition of a 300 MW development site in West Texas, increasing its total energy pipeline to over 2.5 GW…

Bitcoin mining stocks trended lower as volatility in the cryptocurrency continued. Marathon Digital, the biggest mining company, dropped by 2.3% on Aug. 28, marking a 38% decline from its highest point this month. CleanSpark stock fell by 1.75% to $11.25,…

Bitcoin mining firm Vortex Brands has begun acquiring MicroStrategy stock as part of a new strategy to leverage its Bitcoin-focused business model and enhance its investment holdings. Crypto mining firm Vortex Brands has initiated a new investment strategy by acquiring…

The firm has filed for bankruptcy in the Southern District of Texas. The U.S. Bitcoin miner has debts of $50 million to $100 million, and the total assets of Rhodium Enterprises are estimated from $100 million to $500 million. The…

Thai authorities raided an illegal Bitcoin mining operation in Ratchaburi, a town west of Bangkok, following reports of frequent blackouts over the past month.  According to AFP reports, the raid, carried out by the Provincial Electricity Authorities and local police,…

H.C. Wainwright analyst Mike Colonesse described Bitfarms’ agreement to acquire Stronghold Digital Mining as “a transformational acquisition.” The analyst commented on the Bitcoin (BTC) miner’s potential to benefit from the Stronghold acquisition in a note shared with crypto.news on Aug.…

Bitcoin surpassed the $60,000 mark again as the broader market witnessed a recovery, but a key indicator shows the expectation of another price fall. Bitcoin (BTC) surged by 2% in the past 24 hours and is trading at $60,800 at…

Cryptocurrency mining giant Bitfarms has entered a definitive merger agreement to acquire Stronghold in a stock-for-stock merger transaction. Canadian crypto miner Bitfarms is set to acquire its U.S.-based rival Stronghold Digital in a transaction valued at approximately $175 million, including…

Researchers at Aqua Nautilus have uncovered a new malware that targets PostgreSQL servers to deploy cryptocurrency miners. The cybersecurity firm has identified over 800,000 servers that are potentially vulnerable to a cryptojacking campaign targeting PostgreSQL, an open-source relational database management…

Russia’s largest search website, Yandex, has updated its advertisement policy, banning ads for crypto exchanges, smart contracts, mining activities, and ICOs. Russia‘s most prominent search site, Yandex, has updated its advertising policies to ban ads related to crypto services within…

An Airbnb host has added an unusual new rule after discovering her guests had been mining crypto at her property. The host, Ashley, shared on TikTok that her guests left the house in great condition and even received a five-star…