Riot Blockchain Reports Record Q2 Results
The bitcoin mining company reported revenue and sales results that beat analyst estimates for the second quarter.
The Bitcoin blockchain's mining difficulty increased by 13%, but industry experts say operators are still looking at fat profits ahead.
Supply has dried up despite a glut of available bitcoin mining rigs since China’s crackdown in May.
Analysts expect higher volatility ahead of Friday’s month-end expiry.
KuCoin says the pool will incentivize the use of renewable energy.
“The fear is gone for now, and the market is optimistic,” Arcane Research wrote in a Tuesday newsletter. But not enough to keep bitcoin's price above $50K.