#Mining Companies


4 Top Crypto Stocks to Buy as Bitcoin Hits a New High

The crypto market is reaching new heights as coins and tokens provide multi-fold returns in the blink of an eye. And while global adoption of cryptocurrencies has increased, data suggests these users comprise only 4% of the world’s population. This leaves ample headroom for growth in all aspects of the industry, including crypto stocks.
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50 Miners Control 50% of Bitcoin Mining Worldwide

Part of Bitcoin's appeal is the idea that nobody controls it, but a recent study found that 0.1 percent of the network's top contributors—just 50 miners—controls 50 percent of Bitcoin's mining capacity. Zooming out to the top 10% of miners finds that they control 90% of mining capacity. Traditional currencies are managed by central banking systems, international organizations, and well-established financial service providers; cryptocurrencies are managed by their networks. But a recent study from the National Bureau of Economic Research (NBER) found that a few entities account for a significant portion of the Bitcoin ecosystem.
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Ravencoin Mining: A Beginners Guide on How To Mine Ravencoin

There’s one question that often comes to mind with those new to mining a certain project. In this case, that question is “how to mine ravencoin?” Mining crypto has never been so easy. Even as a new miner, ravencoin is one of the easiest crypto assets that you can start mining today using your GPU.

Proterra and Komatsu Collaborate to Electrify Underground Mining Machines

Proterra Inc. and Komatsu have announced a collaboration to electrify next-generation underground mining machines using Proterra's battery technology. Under the collaboration, Proterra will supply its H Series battery system technology to Komatsu for the development of battery-electric LHDs, drills and bolters for underground hard rock mining. Mining equipment and services provider Komatsu plans to utilize Proterra's high-performance battery systems for the development of prototype machines this year before the expected commencement of commercial production in 2022.

Mobilum Technologies Inc.

09:48 AM EST - Mobilum Technologies Inc. : Announced the launch of its updated Over-the-Counter (OTC) trading desk website , which has generated approximately CAD $20 million in transaction volume to date for the Company. "Mobilum's international presence sets the company up with a great framework for servicing the global Bitcoin market," said Mobilum Chief Executive Officer, Michael Vogel . "The expansion of our OTC service will allow Mobilum to service individual traders and also crypto mining companies, exchanges, and institutions looking to trade in cryptocurrencies." Mobilum Technologies Inc. shares C.MBLM are trading down 1.43 percent at $0.35.

PPL approves 20 per cent cash dividend

LAHORE: The Pakistan Petroleum Limited (PPL) earned a profit-after-tax of Rs52.4 billion, the second highest for the company. The company also announced a final cash dividend of 20 per cent on ordinary and 15 per cent on convertible preference shares. This was announced in the 70th annual general meeting of...

B. Riley Raises Cleveland-Cliffs (NYSE:CLF) Price Target to $37.00

Cleveland-Cliffs (NYSE:CLF) had its target price boosted by B. Riley from $36.00 to $37.00 in a research report released on Monday morning, The Fly reports. They currently have a buy rating on the mining company’s stock. A number of other equities research analysts also recently weighed in on the company....

Copper Mountain Mining Co. (OTCMKTS:CPPMF) Given Consensus Recommendation of “Buy” by Brokerages

Several analysts have issued reports on the stock. Roth Capital assumed coverage on shares of Copper Mountain Mining in a research report on Friday, July 9th. They set a “buy” rating on the stock. CIBC dropped their price target on shares of Copper Mountain Mining from C$6.00 to C$5.50 and set an “outperform” rating on the stock in a research report on Tuesday, August 3rd. National Bankshares dropped their price target on shares of Copper Mountain Mining from C$5.25 to C$5.00 and set an “outperform” rating on the stock in a research report on Friday, September 10th. Stifel Nicolaus raised shares of Copper Mountain Mining from a “hold” rating to a “buy” rating in a research report on Wednesday, July 28th. Finally, TD Securities raised shares of Copper Mountain Mining from a “hold” rating to a “buy” rating and set a $2.95 price target on the stock in a research report on Tuesday, July 27th.

Hawkmoon launches Abitibi gold drilling, shares rise

Hawkmoon Resources Corp. [HM-CSE] said Tuesday it begun drilling on its Lava Gold property, which is located in the Abitibi-Temiscamingue region of Quebec. The property covers the Lavallee 38,39, 40 and 41 showings, which expose multiple quartz veins, breccias and stockworks within the northeast trending Lavallee Shear Zone (LSZ). The property is located to the west of the Belleterre gold mining camp and its greenstone belt and is underlain by tonalite that might host potential orogenic gold-type mineralization, Hawkmoon said in a press release.

Why Crypto Mining Stocks Jumped Today

Shares of crypto mining stocks went on a strong run to start the week as cryptocurrencies themselves bounced higher on Monday. At 3 p.m. EDT Bitcoin (CRYPTO:BTC) was up 4.9% in the last 24 hours while Ethereum (CRYPTO:ETH) was up 5.3%. Most major cryptocurrencies are moving higher for the day.

Miners welcome Australia's net zero aim ahead of COP26

Prime minister Scott Morrison and federal minister for industry, energy and emissions reduction Angus Taylor yesterday released a "Long Term Emissions Reduction Plan", just days ahead of the United Nations' COP26 climate change summit starting in Glasgow. "Australia now has a target to achieve net zero emissions by 2050, and...

Ameren Energy Corp Unveils its Secret Bitcoin Mining Operations

Missouri-based energy generation company Ameren Corp has unveiled its secret Bitcoin mining operations near the Sioux Energy Center in the state. As announced by the Data Center Dynamics, Ameren set up the data centre back in April but did not disclose it until today, after it noted it has mined about 20 Bitcoin thus far. Per the report, the company has no intentions to sell off its Bitcoin holdings.

RPMGlobal advances the mining industry towards a sustainable future

With sustainable Environmental, Social and Governance (ESG) outcomes emerging as critical to the success of mining companies, RPMGlobal's integrated technology and advisory offering are helping companies navigate the increasingly complex ESG agenda. Amid a renewed focus on performance and transparency concerning ESG, companies are prioritising the proactive management of their...

Stories That Matter: Tracing Conflict Minerals in Africa

You are probably reading this on a device built from cobalt. The lustrous, silvery-blue metal is an essential component of most lithium ion batteries, which rely on small cathode structures of cobalt ions for the best energy storage. Your cell phones, airpods, laptops, and pretty much any device you can recharge, including electric vehicles, more than likely has cobalt in it. Alloys of the metal are also used in jet turbines and gas turbine generators, meaning that cobalt is crucial to ending our reliance on fossil fuels, an essential element of the green revolution.

China adds crypto mining to “phased-out” industries, a ban revision or the final nail?

China’s National Development and Reform Commission (NDRC) announced on October 21 that it is seeking public feedback on its proposal to include bitcoin mining on a list of “phased-out” industries. Some crypto media outlets claimed that the move effectively revises a sweeping ban by Beijing’s authorities against crypto miners. They...

PPL registers PAT of PKR 52.4 billion, approves 20 percent cash dividend

The 70th Annual General Meeting of Pakistan Petroleum Limited (PPL) was held online on October 25. Members approved financial statements for the fiscal year ended June 30, 2021, together with the auditor’s report. PPL registered a profit-after-tax of Rs. 52.4 billion, the second-highest for the Company, and a final cash dividend of 20 percent on ordinary and 15 percent on convertible preference shares was also approved.

This is why Bitcoin mining stocks are getting more attractive

This story originally appeared on Best Stocks. Source Link: There are many ways to invest in the stock market and crypto, but bitcoin mining stocks are perhaps the simplest and fastest ways to profit from this digital currency boom. Investing in Bitcoin mining stocks means investing in companies that build and sell equipment that companies require to mine Bitcoins. Mining indeed requires high-end computers to solve complex mathematical equations.

What you missed at MINExpo® 2021

The dominant theme of the show was a celebration of the technologies on display at MINExpo®. Paul Lang, President and CEO, Arch Resources, Inc., commented on the huge advances in innovations and safety during the last several years. “The ability now to put somebody in a remote station and operate...