Bitcoin is down roughly 16% from March 13 record highs of over $61,000 per coin, as highly correlated crypto mining stocks follow suit.
Canaan stock rose as much as 37% on Tuesday amid another bull run for bitcoin. The bitcoin mining machine maker boasts a backlog of 100,000 orders.
Northern Data has been trading on Germany's over-the-counter market since 2015, where its value has risen 267% in the past 12 months.
Bitcoin miner Canaan Creative is soaring amid a run on cryptocurrencies and a crypto mining machine shortage. Shares jumped as much as 41% on Tuesday before paring gains. Canaan says customers have ordered over 100,000 bitcoin mining machines through 2021. Sign up here for our daily newsletter, 10 Things Before […]
Chinese bitcoin mining machine maker Canaan Creative skyrocketed Tuesday amid the token's surge past $50,000 and a shortage of mining equipment.
Riot Blockchain stock is soaring amid rising bitcoin prices and increased mining capacity. The company announced it surpassed the one exahash per second mining rate for bitcoin on Thursday. Riot also expects to more than triple its mining output by the end of the year. Sign up here for our […]
PayPal and Square’s Cash App have scored 100% of the new supply of Bitcoin, according to crypto hedge fund Pantera Capital. A chief reason of Bitcoin’s rally is because of the ease of investing via PayPal, Cash App, and Robinhood, the firm said. PayPal has already bought 70% of newly-issued […]
For two years, I owned a cryptomining machine and didn’t even know it. I have two of the most powerful graphics cards you can buy: the GTX 1080, which I then upgraded to the GTX 1080 Ti. And they just so happen to be some of the best graphics cards […]