Nvidia Faces Class Action Lawsuit for Alleged Gaps in Crypto Mining Revenue
Simply put Nvidia is currently involved in a class action lawsuit related to its disclosures about cryptocurrency revenue. The lawsuit claims that Nvidia concealed over $1 billion in GPU sales tied to cryptocurrency. This court ruling permits investors to advance their claims together as the trial moves forward. A federal judge has found a group […]
Five Mining Stocks Are Falling Due to Concerns That the Federal Reserve Might Postpone Interest Rate Cuts
With inflation still high and oil prices rising due to the ongoing conflict with Iran, the Federal Reserve decided to keep its benchmark interest rate steady during its March 18 meeting. This suggests that any potential rate cuts might be postponed until 2027. It’s not just the economy; metal and mining stocks are feeling the […]
SEC States ‘Most Crypto Assets’ Are Not Securities, Covering Staking, Airdrops, and Bitcoin Mining
SEC Clarifies Stance on Crypto Assets In a recent address to the crypto industry, SEC Chairman Paul Atkins stated that the majority of crypto assets do not qualify as securities. This guidance aims to clarify which assets are considered securities and which fall under investment contracts. Atkins emphasized that activities like protocol mining (including Bitcoin) […]
Trump Brothers’ Bitcoin Mining Company Experiences $59 Million Loss in Q4
Simply put American Bitcoin reported a net loss of $59.45 million in the fourth quarter of 2025. Revenue reached $78.3 million, slightly missing analyst expectations of $79.6 million. The stock has declined 39% since the start of the year, which is more than the drop in Bitcoin’s value. American Bitcoin, a Bitcoin mining operation co-founded […]
Chatham County agrees to a one-year pause on data centers and cryptocurrency mining.
Chatham County Implements Moratorium on Data Centers and Cryptocurrency Mining On Wednesday, Chatham County officials approved a year-long moratorium halting the construction of data centers and cryptocurrency mining operations. This ban affects all development approvals related to data centers, data processing facilities, virtual currency mining activities, and any activities associated with data processing facilities, as […]
Bitfarms Shares Rise After Shifting from Bitcoin Mining to AI and Relocating to the US
Bitfarms Transitions to Keel Infrastructure, Focusing on AI Bitcoin miner Bitfarms is redefining its identity by distancing itself from major cryptocurrency assets, opting to adopt the name Keel Infrastructure. This shift marks a strategic move to relocate operations to the United States, with an emphasis on enhancing artificial intelligence (AI) capabilities. This initiative was initially […]
Bitfarms Shares Rise After Shifting from Bitcoin Mining to AI and Changing Its Name, Moving to the US
Simply put BitFarms is changing its name to Keel Infrastructure and shifting its operations to the United States, moving away from Bitcoin mining. The company plans to hold a special shareholder vote on March 20 to approve this transition. BITF stock saw a nearly 27% increase on Friday, alongside a recovery in crypto stocks and […]
Upper Peninsula township prepares to prohibit crypto mining and data centers
Data Center and Cryptocurrency Mining Regulations in Clark Township CEDARVILLE, Mich. – In a small community in Michigan’s eastern Upper Peninsula, local officials are taking steps to prevent the establishment of data centers and cryptocurrency mining operations via new zoning laws. Their concerns revolve around issues like noise, high energy consumption, and potential changes to […]
Bitcoin Mining Stocks Plunge as BTC Value Falls 20% in a Week
Bitcoin Miners Face Sharp Decline as Prices Hit Low Stocks related to Bitcoin are experiencing a significant downturn. On Wednesday, the price of Bitcoin dropped to $72,185, marking a 15-month low and a nearly 20% decrease over the past week. Major Bitcoin mining companies are feeling the pinch as well. Shares of MARA Holdings (MARA) […]
Was the Risk in Gold and Silver Excessive and What Are Mining Stocks Indicating?
Sir Isaac Newton’s third law of motion tells us that every action provokes an equal and opposite reaction. The recent surge in gold and silver prices has become quite dramatic, and while there’s a good chance we’ll see further increases, the risks tied to ownership have risen significantly. In a previous article, I mentioned that […]