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Shares of crypto mining stocks went on a strong run to start the week as cryptocurrencies themselves bounced higher on Monday. At 3 p.m. EDT Bitcoin (CRYPTO: BTC) was up 4.9% in the last 24 hours while Ethereum (CRYPTO: ETH) was up 5.3%. Most major cryptocurrencies are m...
Marathon is quickly ramping up its bitcoin mining operations and by mid-2022 will produce almost 3,000 BTC (~$180M) per month. Currently, profit margins are over 80%, making the company look very cheap. However, there are five major trends that make the high profit margins unsusta...
SALT LAKE CITY, Oct. 20, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a sustainable bitcoin mining and energy technology company, today announced the purchase of an additional 2,250 units of the Antminer S19j pro bitcoin (BTC)...
Crypto-related stocks such as Marathon Digital (MARA +8.0%), Bit Digital (BTBT +6.2%), Hut 8 Mining (HUT +11.4%), Silvergate Capital (SI +1.8%) and MicroStrategy (MSTR +3.7%) surge in early trading as bitcoin (BTC-USD) nearly doubles to ~$60K from its trough in July. Perhaps the recent rally ...
Point Roberts, WA and Delta, BC - October 12, 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. L...
CleanSpark Uses Bitcoin to Fund 4,500 Newest Generation Miners Delivery of the miners, amounting to an additional hashrate of 450 PH/s, brings the total number of miners slated for delivery over the next 12 months to 24,580 PR Newswire SALT LAKE CITY , Oct. ...
CleanSpark only invested $85,000 in R&D over the last 21 months. The number of outstanding shares increased almost tenfold in the last two years. The management is possibly understating the costs of bitcoin mining and could also be funneling money into their own pockets via re...
Cryptocurrency miner Bit Digital (NASDAQ:BTBT) shares surge by as much as 36% on Tuesday, just a week after the stock fell nearly 20% following the company's capital raise. So far, shares of BTBT are breaking out of $10 per share, a level not seen since mid-September, to as high as $10.2...
FN Media Group Presents USA News Group News Commentary Vancouver, BC – October 5, 2021 – USA News Group – Increasing attention is being given to cryptocurrencies, especially the former meme to major cryptocurrency Dogecoin—which some pro...
Bitcoin (BTC-USD +0.1%) is ahead marginally on Monday morning; ethereum (ETH-USD -1.5%), is also taking a breather after a 17% advance over the past five days. Looking a bit further out, bitcoin (BTC-USD) is down 5% on a month-over-month basis, while ether (ETH-USD) slumps 14%. Comparing that...
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2024-07-17 05:10:00 ET Many hypergrowth stocks fizzled out over the past two years as rising rates compressed their valuations and drove investors toward more conservative investments. However, that sell-off has also created some lucrative buying opportunities. If you're a patient inves...
CleanSpark, Inc. (NASDAQ: CLSK) is one today's most active stocks by volume. So far today, approximately 25.83M shares of CleanSpark, Inc. have been exchanged, as compared to an average 30-day volume of 30.17M shares. CleanSpark, Inc. provides bitcoin mining and energy technology solutions wor...