First-ever Bitcoin mining derivative product goes live on a regulated US exchange
Hashrate Futures, trading under the ticker $HUP, allow miners to hedge their revenue and give investors a new way to access the Bitcoin mining market.
Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
The company also saw record quarterly revenue of $165.2 million.
The company plans to shift 500 megawatts of its infrastructure to high-power computing.
Tether's venture into mining coincides with a significant decrease in daily revenue for Bitcoin miners.
Marathon Digital confirmed that it is consulting for the Kenyan government over its crypto regulatory regime.
CleanSpark states mining efficiency causing some miners to cease operation following halving.
The firm has a lower valuation than its peers despite increased earnings.