In the aftermath of the SEC's approval of U.S.-listed spot Bitcoin ETFs, JPMorgan anticipates a potential breather for Bitcoin mining stocks. Despite uncertainty, the bank views any sell-off as a buying opportunity, emphasizing that the ETF's approval does not directly impact mining economics. Iris Energy (IREN) is identified as JPMorgan's preferred value stock in this evolving landscape.
BerniceOn-chain data shows the 30-day moving average of the Bitcoin mining hashrate is close to setting a new all-time high.
BitcoinistThe company is offering to move approximately 8,000 machines to Texas.
CoindeskWhile the prices of bitcoin and ether may have climbed recently, shares of bitcoin mining companies have risen far more than the former.
CointelegraphBitcoin mining stocks really gained prominence in 2021. Due to the increase in the price of the digital asset, mining ...
BitcoinistThe rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy.
Cointelegraph
NulltxLaw enforcement officers have uncovered a psychiatric clinic at Russia's oldest prison that was secretly converted into a bitcoin mining ...
Bitcoinist“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
CointelegraphDirect BTC purchases and Bitcoin mining stock investments are two “fundamentally different” investment strategies to suit different people and interests, Ben Gagnon says.
Cointelegraph