Only five mining rigs are profitable for their operators as bitcoin (BTC) slumped to the $54,000 mark this week, creating a scenario that could mark a “local bottom." “At a rate of $0.08/kWh ...

Bitcoin Mining Rig Maker Canaan Could Have 5X Upside, Says Wall Street Analyst Benchmark's Mark Palmer initiated coverage on the firm's roughed-up shares with a buy rating and $3 price target.