(Bloomberg) -- About 6,000 older Bitcoin mining machines in the US will soon be idled and sent to a warehouse in Colorado Springs where they’ll be refreshed and resold to buyers overseas looking to profit from mining in lower-cost environs. Most Read from BloombergUS Homebuyers Expecting $10,000 Savings Face Tough RealityFed’s Powell Ready to Support Job Market, Even If It Means Lingering InflationHarassment and Drugs Plagued a Citigroup Division for YearsTrump Facing Moment of Truth for Finance
Analysts at Bernstein on Thursday hiked their outlook for bitcoin's year-end price target and forecasts for three crypto miners.
Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercialization.