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This week has been very positive for Bitcoin (CRYPTO: BTC) miners. While the price of Bitcoin moved 3.4% higher over the past seven days, as of 12:15 p.m. ET, Crypto miners Canaan (NASDAQ: CAN) , Bit Digital (NASDAQ: BTBT) and SOS (NYSE: SOS) saw elevated gai...
Palm Beach, FL – January 6, 2022 – FinancialNewsMedia.com News Commentary – Bitcoin miners made more than $15 billion in revenue over the course of 2021, according to The Block Research. The estimate represents a year-over-year increase of 206%, per The Bloc...
Canaan Expands its Mining Operations with Deployment of Over 10,000 Mining Machines PR Newswire BEIJING , Jan. 4, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced ...
Palm Beach, FL – December 21, 2021 – FinancialNewsMedia.com News Commentary – Recently, an insider/watchdog in the cryptocurrency mining industry, gave its view of what the coming year will look like. CoinDesk issued its first year-end survey of cryp...
Point Roberts, WA and Delta, BC - December 15, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. ...
Canaan Inc. (NASDAQ:CAN) received an additional order from Genesis Digital Assets Limited for 30,000 units of its Avalon Bitcoin mining machines. In August 2021, Canaan granted Genesis Digital Assets an option to purchase up to 180,000 additional Bitcoin mining machines along with its origina...
Canaan Secures Follow-on Purchase Order of 30,000 Bitcoin Mining Machines As Genesis Digital Assets Exercised the First Phase of the Purchase Option PR Newswire BEIJING , Dec. 15, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a l...
Factors like high inflation, weak job growth reports, and surging COVID-19 cases have been fostering immense volatility in the markets of late, leading to concerns about a potential market correction in the near term. For investors seeking to hedge their portfolios against such market fluctua...
Palm Beach, FL –December 8, 2021 – FinancialNewsMedia.com News Commentary – The real estate industry is rapidly changing dramatically as new technologies and services influence the way society completes real estate transactions. One of the emergin...
Cryptocurrency mining stocks were up big on Tuesday, thanks to a price rebound among cryptocurrencies including Bitcoin (CRYPTO: BTC) , and thanks to a hot stock market. As of 12:30 p.m. ET, the S&P 500 was up 2%, which is a big move for a single day. And Bitcoin is up 4% ov...
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Russia has emerged as a hub for ransomware-related activities . According to TRM Labs’ analysts, Russian-speaking ransomware groups were responsible for almost 70% of all cryptocurrency earnings from ransomware attacks in 2023. This statistic reveals Russia’s increasing involvement...
Canaan Attended Bitcoin 2024 in Nashville and Initiated its CAN Community Canada NewsWire NASHVILLE, Tenn. , July 29, 2024 /CNW/ -- Canaan Inc. (NASDAQ: CAN), a leader in high-performance computing solutions and creator of ASIC Bitcoin miners, announced i...
For the past few weeks, the government of Germany has been offloading a significant amount of Bitcoin , contributing to the crypto’s recent downturn. In June, the Federal Criminal Police Office (BKA) started selling Bitcoin, originally seized from a defunct movie piracy website, from a wa...