Former Ethereum miner CoreWeave raises $221M in Series B
The company ceased its Ether mining operations long before the Merge Upgrade was completed.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The company ceased its Ether mining operations long before the Merge Upgrade was completed.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Tether Wins Mining Industry Support For Its Open Automation Toolkit
Tether is trying to make Bitcoin mining equipment easier to operate as one system. Its October 24 announcement brings 15 industry...
Lido Puts Liquidity Buffers At The Center Of Ethereum ETP Yield Debate
An Ethereum investment product can advertise staking exposure without putting every unit of its ETH to work. Lido’s October 23 com...
Lido Opens Higher-Balance Ethereum Validators With A Deliberately Small Start
Lido has opened a permissionless route to Ethereum validators that can hold much larger effective balances, but the first allocati...
Grayscale’s Zcash ETF pulls in $41.1 million as Bitcoin and Ethereum funds wobble
Zcash's ETF success amid Bitcoin and Ethereum struggles highlights investor interest in privacy-focused assets during market volat...
Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks
The firm added 10,452 ETH to reach 4.95% of supply, but its bigger move was repurchasing 2.04 million of its own shares—part of wh...
Ether Giant Bitmine Bets Big on Itself With $400M in Share Repurchases
Bitmine is closing in on an extraordinary milestone, controlling nearly 5% of all ether while spending almost $400 million so far...