JPMorgan upgraded Cipher and CleanSpark, and cut targets for MARA, RIOT due to the increased risk of shareholder dilution. Bitcoin miners are increasingly diversifying their operations from hashrate to high-performance computing.
Bitcoin Magazine
Bitcoin-miner Bitmain Faces Federal Investigation Over National Security Issues: Report
Bitmain, the Chinese manufacturer behind many of the world’s Bitcoin miners, has been under US national security scrutiny for potential espionage or sabotage risks, including in Trump family-backed ventures, though the company denies any wrongdoing.
Hive Digital stock jumped by over 500% from its April low to its October high; it pivoted to AI and HPC industries. But its Bitcoin mining revenue is still strong.
Bitcoin crossed a watershed moment in its monetary history on Nov. 17, surpassing 19. 95 million mined coins and pushing the network past 95% of its immutable 21 million supply cap. This leaves the network with less than 1.
Cloud mining beats solo mining as Bitcoin climbs, and GBC Mining offers a $20 bonus plus instant hash power for daily BTC earnings with no hardware needed.
Power markets are starting to price Bitcoin mining that can switch on and off as a grid service. Curtailment remains elevated in regions with high renewable penetration, and short scarcity bursts continue to set value for fast demand reduction, which creates room for load that soaks midday surplus and idles during tight hours.