According to a recent study, the combined short interest in stocks of fifteen bitcoin mining businesses is getting close to $2 billion. About 663 blocks left until the next reward halving, which corresponds with a fall in the performance of these mining stocks from their earlier year stronger start. Short Bets on Mining Stocks Are … Read more
Bitcoin miners found 4,446 blocks in February, earning $1.39 billion in total—$71 million of which came from onchain transaction fees. Bitcoin mining generated $40 million more in revenue in February than it did in January, despite a decline in fees this month. The Hash Price of Bitcoin Exceeds $100. Foundry USA took the lead in … Read more
Shares of publicly traded mining businesses have increased significantly in tandem with the spike in bitcoin and the larger crypto market. According to data, the value of many of these companies’ equities has increased by double digits against the US dollar during the past five days. Major Increase for Mining Companies That Are Publicly Traded … Read more