In a small Texas town, residents are struggling with the impacts of a large bitcoin mining facility. While state leaders promote Texas as the “bitcoin capital,” locals in Granbury feel the negative effects, mainly due to constant noise from cooling fans used for mining operations. Many claim this relentless noise is affecting their health, causing ...
In the first quarter of 2025, leading publicly traded Bitcoin mining companies produced nearly $800 million worth of Bitcoin, with an impressive total of 9,746 BTC. Marathon Digital topped the list, mining 2,285 BTC valued at around $186 million. CleanSpark and Iren followed, producing 1,950 BTC and 1,513 BTC, respectively. Riot Blockchain also performed well ...
In the first quarter of 2025, major publicly traded Bitcoin mining companies produced nearly $800 million in Bitcoin, with prices hovering around record highs. These companies mined over 9,700 Bitcoin, valued at about $81,600 each. Marathon Digital led the industry by mining 2,285 Bitcoin, worth around $186 million. CleanSpark followed with 1,950 Bitcoin, while Iren ...
Crypto equities are experiencing a rebound after Donald Trump’s announcement of a U.S. crypto strategic reserve. As the U.S. Market prepares to open, Bitcoin’s price is holding strong above $92,000, having recovered from a recent low of $78,000. This surge has positively impacted crypto-related stocks, with Strategy (MSTR) rising by 12% after previously falling 50% ...
Marathon Digital, the second-largest Bitcoin holder globally, saw its stock rise after announcing plans to lend 7,377 BTC, about 16% of its holdings, to unknown parties. This move aims to generate additional income to help cover operating costs. Investors reacted positively, with the stock increasing by 3.56% on Monday and up 20.66% year-to-date, despite a ...
Michael Saylor, co-founder of MicroStrategy, has raised eyebrows with hints of a potential new Bitcoin purchase after the company joined the Nasdaq-100 Index. His recent social media posts suggest that MicroStrategy may soon add to its already impressive portfolio of over 171,000 BTC, which amounts to an investment exceeding $15 billion. This acquisition would mark ...
Bitcoin has seen a remarkable surge of over 38% in the past month, which has greatly benefited cryptocurrency mining companies like Riot Platforms Inc and Marathon Digital Holdings Inc. Both companies have recently achieved a “Golden Cross,” a sign of bullish Market momentum. Riot’s stock has jumped 35%, and it trades above its key moving ...
Marathon Digital, a prominent U.S. Bitcoin mining company, is making strategic moves to enhance its operations and reduce costs. Recently, it acquired a wind farm in Texas, aiming to use sustainable energy for mining, which reflects a growing trend in the industry. Additionally, Marathon has been aggressively buying Bitcoin, purchasing around 6,484 coins in just ...
