Hut 8, one of the world’s largest and innovation-focused digital asset miners and high-performance computer builders, recently published financial results. The latter led them to report a crushing net loss of $134.3 million. The company says these losses are a direct result of operational downtime and the recent Bitcoin halving...
Bitcoin has crossed above $104,000, reaching a new all-time high in its current cycle. What was remarkable about this rally is that it has boomed under these three main, positive forces. Diminished miner selling pressure, strong ETF inflows, a revived “anti-fiat currency” narrative on changing global macroeconomic conditions—these are among...
Ozak AI (OZAK) is attracting quite a hubbub. Its unique mixture of predictive AI and edge-computing data analysis is making waves. Some analysts are even predicting Bitcoin will rally to $200,000 before 2025. At the same time, Ozak AI is generating a lot of buzz since its token, which is...
Bitcoin’s amazing four year cycle of price boom and bust The best known cryptocurrency, Bitcoin runs on a regular four-year cycle, based on its halvening supply schedule. This cycle mirrors Bitcoin’s halving cycles. These occurrences generally take place roughly every four years and halve the pace of new Bitcoin issuance....
Marathon Digital Holdings Inc. (MARA) has significantly increased its Bitcoin hoard. Together, they’ve created the most impressive digital treasure trove—more colossal than any other city’s—valued at about $5 billion. This build-up happened despite the company experiencing a reduction in its Bitcoin output after April’s halving event. The firm's strategic accumulation...
Bitcoin's price is showing signs of a significant rally, fueled by the accelerating growth of global liquidity. According to experts such as Michael Howell and Raoul Pal, the liquidity explosion is what’s really pushing Bitcoin’s great performance. They still tease the idea of Bitcoin going back up to $100k+. This...
Yesterday, on Thursday, Steak ‘n Shake, the traditional American fast-food chain, revealed something monumental. Starting May 16, all of its U.S. stores will start accepting payment in Bitcoin! With over 100 million customers, Steak ’n Shake has an enormous claim to fame. Early adopters of the Bitcoin and cryptocurrency trend,...
Despite the crypto boom, Hut 8 Corp recently had one of the largest US-listed stock downgrades on record. Their Q3 net loss came in at $134.3 million. That’s a $250.7 million reversal from the $250.7 million profit the company posted in that same quarter last year. That drop is due...
MARA has the second-largest Bitcoin reserves of any publicly traded company. Its Bitcoin production was down 19% in Q4 of 2024 for a total of 2,286 Bitcoin produced. The total value of the company’s Bitcoin holdings is now about $4.9 billion, based on Bitcoin’s current price of $102,660. MARA attributed...
With HashFly, you’ll experience the future of cloud mining, where users have everything they need to produce Bitcoin both profitably and sustainably. HashFly presents a simple, cost-effective gateway into the cryptocurrency mining arena. They specialize in high-yield, short-term contracts and have a strong commitment to renewable energy. What truly sets...
