Perhaps what is different from all previous halving cycles is the change in the income structure of miners, which is caused by factors such as the future price space of BTC and the current development status of the Bitcoin ecosystem.
JinseFinanceCore Scientific concludes a $55 million equity offering, showcasing a positive step towards financial recovery. Despite facing challenges leading to bankruptcy in 2022, the company strategically plans to relist on NASDAQ post-bankruptcy proceedings. Shareholders and noteholders are expected to benefit from the restructuring, with new shares and competitive returns on convertible notes. The successful fundraising enhances Core Scientific's liquidity, setting the stage for executing growth plans.
SanyaHut 8's recent court approval and market positioning showcase a mix of strategic advancements and responses to the broader crypto market sentiment. The upcoming acquisition, funding arrangement, and evolving ownership structure mark key milestones for the company.
SanyaMicrosoft has repotedly signed a deal with former Ethereum miner – CoreWeave.
cryptopotatoAn investigation was launched against Core Scientific over claims that its leadership had been involved in securities fraud and activities that negatively affected its stock price.
decryptData shows the Bitcoin miner revenues have plunged down by around 81% since the October peak, here's why.
BitcoinistThe miner used almost 30 million gwei to pay for that transaction.
CoindeskChina banned crypto trading and mining last year.
CoindeskBitcoin miner revenues took a tumble over the last few months when the price had plummeted. It had dealt a ...
BitcoinistData shows Bitcoin miner revenues have been coming under stress recently as they are now making 61% less than the ...
Bitcoinist