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Tag: crypto mining

MicroStrategy 500% yearly gains beat Bitcoin, Tesla stock — Is MSTR the best short-term bet?

May 21, 2024 wp-bot Coinbase, Cointelegraph

MicroStrategy’s premium to Bitcoin reflects investor confidence in its management, debt-leveraging strategy to acquire more BTC, and potential for future growth beyond its crypto holdings.

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Venezuela bans crypto mining to protect power grid

May 19, 2024 wp-bot Cointelegraph

This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.

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Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments

May 14, 2024 wp-bot Bitcoin News

Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the

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Marathon Digital misses Q1 estimates on bad weather, utility failures

May 10, 2024 wp-bot Cointelegraph

The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites.

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Marathon Digital, Kenyan government discuss crypto policy, energy use

May 6, 2024 wp-bot Cointelegraph

The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary.

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Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC

May 3, 2024 wp-bot Bitcoin News

Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising

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