Tag: Jones Bitcoin
Bitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production Setbacks
Nonetheless, Marathon Digital’s Q1 2024 sees a 223% yoy revenue surge and 142% hash rate increase from new products and acquisitions.
Bitcoin Halving Sparks Migration of US Mining Equipment to Low-Cost Power Countries: Report
Older machines post-halving may be unprofitable in the U.S. but can yield returns in Africa/South America due to lower electricity costs.
Bitcoin Set for Correction Before Continuing Upward Trend, Predicts Galaxy Digital CEO
Mike Novogratz suggested a Bitcoin correction might drop it to the mid-$50,000s before a new surge to a record high.
Bitcoin and Ethereum Echo Previous Bull Market Patterns with 500%-1,000% Surges
Crypto market metrics suggest current conditions don’t match 2023 euphoria, indicating room for potential surge.