Power

Bitcoin miner MARA Holdings (MARA) stock outperformed peers on Friday, even after its first quarter results missed Wall Street’s estimates, as the company’s focus on lowering costs is seen as positive by analysts. Jefferies analysts said that with …

Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin mining industry.

The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.