Search

Nalezeno "bit digital": 20

Strategic Diversification in Bitcoin Mining and HPC – Bit Digital (BTBT) Analysis

27.10.2024
Bit Digital is strategically navigating the post-halving era, opting for HPC opportunities instead of expanding hash rate at any cost. With a focus on generating predictable revenue, could BTBT emerge as the next dark horse among Bitcoin mining stocks? Analyzing Bit Digital’s (BTBT) Approach...

Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid

20.8.2024
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing...

Bitcoin Miner Bit Digital Diversifies Into AI for 'Substantially Higher Margin' Than Mining

23.10.2023
The firm is looking for a "reliable income stream ... that is uncorrelated to bitcoin prices."

Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes

21.3.2023
Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital

City of Niagara Falls orders Blockfusion facility to cease and desist crypto mining

11.10.2022
The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances

Why Bit Digital Is Expanding Into Canada

5.8.2022
Bit Digital Chief Strategy Officer Samir Tabar joined CoinDesk TV’s “All About Bitcoin,” to discuss the mining company’s bid to increase hosting capacity in Canada

Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate

22.6.2022
The bitcoin miner has struggled to recover its hashrate after moving its operations from China

3K+ Bit Digital hosting partner's crypto miners go offline after explosion and fire

20.5.2022
The company said it will be seeking reimbursement for the lost revenue from mining crypto, with operations at Niagara Falls "hoped to resume within a few weeks."

Bitcoin Miner Bit Digital Files to Raise Up to $500M in Equity

21.4.2022
The proceeds will be used for capital expenditures, buying new mining equipment and other potential acquisitions

Bit Digital Partners With BitMine to Host 7K ASIC Miners

5.4.2022
BitMine will store the machines in immersion coolers for greater efficiency

Bit Digital Has Deployed 39% Crypto Mining Rigs in North America

16.3.2022
The firm has shipped all of its machines out of China, but is waiting on hosting capacity to be completed

Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner

9.12.2021
The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000 mining machines that are ready for resale. In addition to the marketplace launch, the company’s...

Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US

15.7.2021
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s...

Bitcoin Mining Firm Bit Digital Removes CEO; Chairwoman Resigns

3.2.2021
The changes come amid an ongoing class-action lawsuit against the mining company

Nasdaq-Listed Crypto Firm Sued, Accused of Defrauding Investors With Fake Bitcoin Mining Business

24.1.2021
A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining operations. Lawsuit Alleges Crypto Firm’s Bitcoin Mining Business...