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Argo Shares Plunges 72% After Fundraising Fails to Go Through

Argo Shares Plunges 72% After Fundraising Fails to Go Through

Shares of Bitcoin miner Argo fell 72% on Monday after a strategic investor failed to participate in the company's fundraising event

Bitcoin Cash (BCH) Hard Forks into Two New Blockchains Following Disagreement on Miner Tax

Bitcoin Cash (BCH) Hard Forks into Two New Blockchains Following Disagreement on Miner Tax

Bitcoin Cash (BCH), a hard fork from Bitcoin, has once again split and created two new blockchains after a disagreement between two BCH clients.

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst

Despite the current price correction, on-chain analyst Willy Woo has revealed that Bitcoin’s velocity is higher than that of funds allocated for spending it.

Bitcoin Miner Bitfarms Mined 1,223 BTC but with $25 Million Net Loss in Q2 2023

Bitcoin Miner Bitfarms Mined 1,223 BTC but with $25 Million Net Loss in Q2 2023

Bitfarms mined 1,223 BTC in Q2 2023, reaching a hashrate of 5.3 EH/s. Revenue was $35M, with a net loss of $25M. The firm also secured 150 MW of hydropower.

Bitcoin Miners Have Transformed to Holders and Buyers Since 2020

Bitcoin Miners Have Transformed to Holders and Buyers Since 2020

Bitcoin miners have emerged as notable holders and buyers in the crypto space, which signifies a behavioral change.

Bitcoin Miner Marathon Mined 979 BTC and Liquidated 700 in June 2023

Bitcoin Miner Marathon Mined 979 BTC and Liquidated 700 in June 2023

In June 2023, Marathon Digital Holdings created 979 Bitcoin (BTC), increasing the year's total to 5,120 BTC.

Bitcoin Miners’ Outflow Volume Hit a Monthly Low

Bitcoin Miners’ Outflow Volume Hit a Monthly Low

Bitcoin miners are not yet out of the woods because their outflow volume reached a monthly low of 47.163 BTC.

A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst

A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst

Market analyst Michael van de Poppe believes that a breakout might happen in the Bitcoin market in the course of the week because the volume is draining down.

Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July

Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July

Bitcoin Miner Bitfarms mined 378 BTC and sold 333 in July 2023. The report details expansion plans, including a move to double hydropower capacity, and highlights challenges faced.

Marathon Digital Buys 78,000 Antminer S19 XP Bitcoin Miners Worth Almost $900M

Marathon Digital Buys 78,000 Antminer S19 XP Bitcoin Miners Worth Almost $900M

Marathon Digital Holdings announced that it ordered 78,000 Antminer S19 XP bitcoin mining machines worth $879.06 million from Bitmain.

Bitcoin Miners Move 54,000 BTC to Binance as Liquidity Drops

Bitcoin Miners Move 54,000 BTC to Binance as Liquidity Drops

Recently, significant Bitcoin transactions have been observed in the market. According to Ki Young Ju, the CEO of CryptoQuant, Bitcoin miners have reportedly transferred a whopping 54,000 BTC to Binance over the last three weeks.

Bitcoin Miners Offload Holdings While Bullish Momentum Could Persist

Bitcoin Miners Offload Holdings While Bullish Momentum Could Persist

Bitcoin miners liquidate holdings amid bullish market, balancing gains, halving cycle, and operational costs. Market resilience since February 2024, highlighting delicate balance between miners' selling strategies and ETF investments.

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