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Nalezeno "crypto mining firm": 25

Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer

31.5.2024
Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said

US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base

14.5.2024
President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed cryptocurrency mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns. The post US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base...

Biden Orders Chinese-Backed Crypto Mining Firm to Divest Land Near US Missile Base

14.5.2024
President Joe Biden has issued an order that blocks Mineone Partners Ltd., a Chinese-backed cryptocurrency mining company, from owning land near Wyoming’s Francis E. Warren Air Force Base, which is a strategic missile base. This measure requires the divestment of land used for crypto mining...

Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina

27.3.2024
Texas-based cryptocurrency mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend. The post Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina appeared first on Cryptonews

Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms

27.3.2024
Crypto mining firm Bitdeer Technologies is reportedly in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity. The post Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms appeared first on Cryptonews

Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022

13.3.2024
Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses. The post Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022 appeared first on Cryptonews

BitRiver to Build New 100MW Crypto Mining Center in Russia

20.2.2024
BitRiver, Russia’s biggest industrial crypto mining firm, has announced it is building a new 100MW data center in Eastern Siberia. The post BitRiver to Build New 100MW Crypto Mining Center in Russia appeared first on Cryptonews

Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims

6.2.2024
A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches...

BitRiver – Bitcoin Mining More Profitable in Russia Than US

23.1.2024
The head of Russia’s biggest crypto mining firm says that Bitcoin (BTC) mining is more profitable in his country than in the United States – and that halving will only heighten the discrepancy. Per RBC, Igor Runets, the Founder and CEO of BitRiver, said the difference would likely become more...

Hive Amplifies Bitcoin Mining Might With 7,000 Bitmain S21 Units

24.12.2023
The publicly-listed company Hive Digital Technologies, based in Vancouver, has announced the acquisition of 7,000 new application-specific integrated circuit (ASIC) bitcoin mining rigs from Bitmain. The ordered Antminer S21 units are slated for arrival from January through June next year. Hive...

Crypto Mining Firm Phoenix Shares Surges 50% on Abu Dhabi Debut

6.12.2023
Source: Adobe Phoenix Group Plc, an Abu Dhabi-based Bitcoin mining and colocation service provider, has reported a significant 50% surge in shares. The company announced Sunday, its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th. The event marked...

Hive Bolsters Mining Power With Purchase of 4,800 Bitmain S19k Bitcoin Miners Ahead of 2024 Halving

14.11.2023
On Tuesday, Hive Digital, a bitcoin mining company based in Vancouver, revealed its acquisition of 4,800 Bitmain S19k Antminer mining rigs. Hive stated that this purchase is intended to strengthen the firm and strategically position it for the anticipated reward halving. Vancouver’s Hive...

Crypto Mining Firm BitNile to Start Bitcoin-Based Marketplace Next Year

13.10.2022
Bitcoin mining firm BitNile (NILE) plans to set up a bitcoin-based marketplace in the first half of next year to reduce the complexity of transacting in bitcoin

Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’

6.10.2022
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure...