Hasanah News

Wall Street Bitcoin (BTC) miners faced their toughest month of the year in August, with revenues plummeting to levels not seen since September 2023. The downturn highlights the growing challenges in the cryptocurrency mining sector, as increased...

Hut 8’s revenue surged 72% to $35.2M, driven by a reduction in Bitcoin mining cost per kilowatt-hour and expanded computing power.

Oracle protocol ORA has secured $20 million in funding to develop AI model tokenization technology on the blockchain.

A JPMorgan report highlights a decrease in Bitcoin mining costs following the halving event and suggests limited upside for Bitcoin prices due to various market headwinds.

Monday saw several crypto stocks performing exceptionally well, with many achieving double-digit price gains throughout the day.

The New York Stock Exchange is considering switching to a 24-hour trading format, prompted by the continuous trading schedule of cryptocurrencies and changing global investment trends.

In the wake of the recent Bitcoin halving, miners are contemplating a transition towards artificial intelligence (AI) to potentially boost their revenue streams, according to a report by CoinShares. The halving event, which occurred recently, is...

The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said in a research report on Monday.

Hut 8 (Nasdaq | TSX: HUT), a prominent cryptocurrency mining corporation, has shuttered its Bitcoin mining site in Alberta, Canada. Announced yesterday (Wednesday), the decision aligned with the company’s “ongoing restructuring and optimization...

J Capital Research called HUT an "obvious pump and dump target," alleging that Hut 8 inherited "a pile of debt" from USBTC.