Miners

"The Miner" by Constantin Meunier, 1904
Miners Are Selling More of Their Bitcoin. That May Actually Be Bullish
The conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining.
"The Miner" by Constantin Meunier, 1904

China-based Semiconductor Manufacturing International Corporation (SMIC) aims to raise fresh capital in a bid to further develop its chip-making technologies. (Credit: Shutterstock)
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company i...
China-based Semiconductor Manufacturing International Corporation (SMIC) aims to raise fresh capital in a bid to further develop its chip-making technologies. (Credit: Shutterstock)

Source: CoinDesk Bitcoin Price Index
Market Wrap: Bitcoin's Price Up 12% Since the Halving
Bitcoin has seen double-digit gains in price since the halving. Institutional investors doing more trading in crypto options on CME is a sign of continued interest.
Source: CoinDesk Bitcoin Price Index

Source: CoinDesk Bitcoin Price Index
Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price
A slowly rising bitcoin price might not help some miners run profitable operations now that the halving is in the past.
Source: CoinDesk Bitcoin Price Index

BlockFi CEO Zac Prince
CEO Says BlockFi Is Lending to Crypto Miners as Other Providers Pull Back
Crypto lending platform BlockFi has begun extending credit to miners as competition for their business has eased during the coronavirus crisis.
BlockFi CEO Zac Prince

Bitcoin miner image (CoinDesk archive)
Manufacturers Mark Down Bitcoin Miners as Price Drop, Halving Change Calculus
Last month’s bitcoin price crash has prompted manufacturers to sell their mining devices at discounts as steep as 20 percent ahead of the May halving.
Bitcoin miner image (CoinDesk archive)

miners, gold
Miners Are Selling More Bitcoin Than They Are Mining
While bitcoin looks set to prolong its recent bullish moves, those responsible for making new bitcoin have increased their selling.
miners, gold

chart screen volatility
Customized Crypto Options Seeing Record Demand From Funds, Miners, Says GSR
The Hong Kong-based firm is seeing soaring interest in its customizable options contracts amid high price volatility.
chart screen volatility

(Artem Oleshko/Shutterstock)
For Crypto Miners, Bitcoin's Halving Could Mean a Doubling in Costs
To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs.
(Artem Oleshko/Shutterstock)

markets daily adam john
Bitcoin News Roundup for Feb. 6, 2020
With bitcoin headed back up towards $10,000, Markets Daily is back with a quick, time saving bitcoin-focused news roundup.
markets daily adam john