Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO

“The sector has been here before and well capitalized and efficient miners will do just fine,” said White Rock CEO Andy Long.

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Bear market will last until crypto apps are actually useful: Mark Cuban

The billionaire investor said a bigger focus on applications and utility outside of finance would bring more back to the crypto space and possibly reverse the declining market.

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Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners

On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per second (EH/s). Acquisition to Boost Cleanspark’s Hashpower by 1.76 EH/s Throughout 2023, Cleanspark (Nasdaq: CLSK) has secured a [...]

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