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How Bitcoin Miners Can Hedge Against Thinning Margins
Bitcoin miners can use specialized instruments to hedge their exposure to bitcoin's volatility and surging energy costs.
December 29, 2022Public Bitcoin Miners Forced to Sell 99%+ Mined BTC in 2022: Report
Bitcoin mining companies are struggling with shrinking revenue amid plunging cryptocurrency prices and skyrocketing energy prices.
December 28, 2022Bitcoin Mining Difficulty Hits New ATH of 36.95T Despite Selloff
Bitcoin mining difficulty surged 0.5% Monday, reaching a new all-time high of 36.95 trillion.
November 21, 2022Canaan Down 1.82% as Bitcoin Miner’s Q3 Earnings Raise Concerns
Shares of Canaan, manufacturer of bitcoin mining equipment, are down 1.82% after the company said its Q3 2022 net income plunged by 88% year-over-year.
November 14, 2022Argo Blockchain Reports Galaxy Digital Debt Repaid, Higher Margins in October
Argo Blokchain's mining margin increased by 7%, the company reported in the new operational update. The crypto miner also said it repaid its $6.7M debt to Galaxy Digital.
November 08, 2022