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IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb
29.8.2025
The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap
HIVE’s Hashrate Hits 16 EH/s as Bitcoin Mining Expansion Accelerates
25.8.2025
HIVE Digital Technologies Ltd. announced it has crossed the 16 exahash per second (EH/s) mark in global Bitcoin hashpower, keeping momentum toward its ambitious 25 EH/s target by U.S. Thanksgiving. Bitcoin Miner HIVE Targets 25 EH/s, Stock Climbs 10% in 5 Days Since May, HIVE explained that this...
IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers
31.3.2025
The company expects to reach its previously planned 52 EH/s of bitcoin mining capacity in coming months
Hive Digital Doubles Down on Paraguay Bitcoin Mining Expansion
16.3.2025
“Hive Digital Chairman Frank Holmes stated that the company expects to expand its capacity by over 400% with its initiatives in Paraguay, a country that offers ample hydroelectric energy for the company’s operations. Hive Digital Hypes 400% Expansion in Paraguay Hive Digital, one of...
Hive Digital buys 6,500 ASICs, starts Paraguay construction
11.11.2024
Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
6.9.2024
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
29.8.2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024. Iris Energy Expands Mining Capacity and AI Cloud Services Iris...
CleanSpark's mining expansion continues with Wyoming facilities
1.8.2024
The US miner is now the second-largest by market cap, after flipping Riot Platforms
Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
27.7.2023
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility in the third quarter. Stronghold Digital Mining...
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
14.2.2023
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest...
Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site
11.9.2022
Bitcoin mining operations continue to truck on through the crypto winter as a number of miners have revealed expansion plans during the last week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining facility from Mawson Infrastructure....
Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota
28.8.2022
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North...