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Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms
14.8.2024
Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updates include the appointment of CEO Ben Gagnon to the board and the resignation...
The Coming Financialization of Hashrate Markets
14.8.2024
Bitcoin hashrate, the computational power securing the Bitcoin network, is emerging as a unique commodity with intriguing investment potential, say Sadiq Jaffer, Senior Manager, Financial Services, KPMG UK, and Kunal Bhasin, partner for Digital Assets Center of Excellence, KPMG Canada
AI may already use more power than Bitcoin — and it threatens Bitcoin mining
14.8.2024
AI may already consume more power than Bitcoin mining, and its deep pockets mean miners face stiff competition for equipment and electricity
Riot Platforms boosts Bitfarms stake with $2.28M share acquisition
14.8.2024
Riot Platforms continues navigating its complex relationship with Bitfarms while expanding its operations
Ex-Bitfarms interim CEO steps down amid board shakeup
13.8.2024
Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October
Bitcoin Miner Core Scientific Announces $350 Million Convertible Senior Notes Offering
13.8.2024
Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other...
Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal
13.8.2024
Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge immersion miners, known for their quieter operation and impressive hashrate...
Hive Digital sales up 36% as Bitcoin miner forays into AI compute
13.8.2024
Hive's new high-performance computing platform clocked around $2.6 million in sales in the second quarter of 2024
Marathon Digital listens to Trump; stamps mined Bitcoins ‘Made in USA’
13.8.2024
Post former US President Donald Trump’s slogan, the Bitcoin Mining firm, Marathon Digital Holdings has conceded and decides…
Marathon Digital to add ‘Made in USA’ on Mined Bitcoin Block
13.8.2024
Post former US President Donald Trump’s slogan, the Bitcoin Mining firm Marathon Digital Holdings has conceded and decided to…
Marathon Digital stamps ‘Made in USA’ on Bitcoin blocks mined
13.8.2024
The stunt follows presidential candidate Donald Trump’s statement that he wants all the remaining Bitcoin to be “Made in the USA.”
Marathon Digital stamps ‘Made in USA’ on Bitcoin blocks mined
13.8.2024
The stunt follows former President Donald Trump’s statement that he wants all the remaining Bitcoin to be “Made in USA.”
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
13.8.2024
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
13.8.2024
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue
Bitdeer clocks 50% gross profit jump amid Bitcoin mining ramp up
12.8.2024
The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth
Bitdeer clocks 50% gross profit jump amid Bitcoin mining ramp up
12.8.2024
The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth
Bitcoin price dip may retest $55K before next leg up
12.8.2024
Based on Wednesday’s upcoming CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover
World's largest Bitcoin miner announces $250M raise to buy more Bitcoin
12.8.2024
The new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company
Bitcoin miners record lowest daily revenue of 2024
12.8.2024
Bitcoin miners' daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges
From Teraflux to Antminer: Exploring the Top ASIC Bitcoin Mining Rigs on the Market Today
11.8.2024
During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per second (PH/s) of hashpower—dipped to its lowest point in history, sliding below $38 per PH/s. In this fiercely competitive bitcoin mining arena, only the most...