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The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.

The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.

LONDON (Reuters) -Oil prices steadied on Wednesday, with benchmark Brent holding above $77 a barrel, after steady sell-offs driven by expectations of reduced Chinese demand and diminishing concerns the conflict in the Middle East could spread and disrupt supply. Brent crude futures were up 14 at $77.34 a barrel by 1142 GMT. As expectations swirl economic weakness in China, the world's biggest crude importer, will subdue demand, stocks in the United States, the world's biggest producer and consumer of oil, are set to rise.

The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company's board before pursuing a takoever again.

LONDON (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent lifetime highs, with investors waiting for clues on interest rate cuts from the Federal Reserve on Friday to decide on their next move. Oil was steady after a run of declines driven by stubborn fears over Chinese demand while dollar weakness on the prospect of rate cuts kept gold near Tuesday's record high. Stocks have been on a rollercoaster ride this month after investors took fright following U.S. jobs data that raised the spectre of recession in the world's biggest economy.

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.