Key Takeaways Bitcoin mining stocks have underperformed Bitcoin heavily over the last year Greater competition among miners and higher amounts of energy required means margins are thinner Rising electricity costs and lower value of Bitcoin have also hurt miners immensely Greater number of variables beyond
CleanSpark will complete the $9.3 million all-cash deal for the two turnkey Bitcoin mining facilities this week. The facilities in Dalton, Georgia, will host 6,000 Antminer S19 XPs and S19J Pro+ rigs. CleanSpark CEO Zach Bradford says the deal puts the miner on track to
Anastasia Amoroso explains why bitcoin has been on a tear recently. She sees the world’s largest cryptocurrency as a tech asset. Bitcoin is currently up roughly 80% versus the start of the year. Bitcoin has been on a tear ever since the Federal Reserve skipped
Kaspa (KAS) price has surged 31% in the last 7 days and 4% in the last 24 hours. Kaspa was on June 22 integrated on CoinPal. CoinPal is a leading cryptocurrency payment service provider. While yesterday’s Kaspa integration with CoinPal is not the sole reason
Bitcoin rose to above $31,450 on Friday, its highest level since June 2022. BTC price spiked to the year-high level after the SEC allowed the Volatility Shares 2x Bitcoin Strategy ETF, or BITX. This is the first leveraged Bitcoin Futures ETF in the US and
At press time, BCH price had risen by 52% in the last seven days and 28% in the last 24 hours. BSV, on the other hand, had gained 77% in the last seven days and 30% in the last 24 hours Bitcoin (BTC) has only
Bitcoin Cash price has been in a strong bullish trend in the past few days. The coin has surged by over 150% from the lowest level in May. This rally is being supported by the Bitcoin ETF applications. Bitcoin Cash price continued surging on Monday
Bitcoin’s correlation with the Nasdaq 100 has fallen to just 3% in June, down from the overall 60% in 2022. BTC price has outperformed the stock index year-to-date and over the past year. Bitcoin price jumped to a year high last week after news of