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US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain
9.7.2021
Gryphon has doled out $48 million to buy Bitmain’s latest Bitcoin mining hardware set for release in the summer
Bitcoin miner revenue jumps by 50% in 4 days since record difficulty drop
7.7.2021
It's a tale of two Bitcoins as active miners reap the benefits while others remain completely offline
Bitcoin Miner Runs Into a PR Crisis As Local Residents Worry About a Lake
6.7.2021
A Bitcoin (BTC) mining operator in upstate New York is facing protests from residents who claim the firm is “ruining” an idyllic lake with its gas-powered mining activities.
Per NBC News, a resident claimed that “the lake is so warm you feel like you’re in a hot tub.” The body of water...
Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility
4.7.2021
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details that the carbon-neutral Spartanburg facility will be ready in 2021 or early 2022. Bitcoin...
Bitmain ceases Bitcoin miner sales to aid second-hand sellers following China ban
24.6.2021
The Bitcoin mining crackdown in China has significant ramifications for the cryptocurrency industry. Bitmain is stepping up its efforts to ease the burden on Chinese miners looking to offload their equipment in light of the ban
Bitmain reportedly suspends Bitcoin miner orders amid booming secondhand supply
23.6.2021
By postponing the sales, Bitmain aims to help miners exiting the industry get better prices for mining equipment
Canaan Diversifies Business by Becoming a Bitcoin Miner In Kazakhstan
23.6.2021
Major producer of Bitcoin (BTC) mining equipment Canaan announced it has moved beyond its existing business model and into becoming miners themselves, as "the logical next step" towards optimizing their revenues, strengthening the inventory management and supply chain capabilities,...
Waste Coal-Converting Bitcoin Miner Stronghold Digital Mining Raises $100 Million
23.6.2021
On Tuesday, Stronghold Digital Mining, Inc., an ESG-friendly cryptocurrency miner announced it has raised $105 million in two private equity securities funding rounds. Stronghold’s operations convert waste coal into alternative energy in order to mine bitcoin and other cryptocurrencies....
Bitcoin Miner Relocation Within China and Worst Case Scenario
15.6.2021
The relocation of Bitcoin (BTC) miners within China is already underway – and should the situation worsen, they might also be moving out of the country in droves, according to Jiang Zhuoer, CEO of mining pool BTC.TOP. This, however, would lead to hashrate decentralization.
The majority of miners...
Bitcoin miner Luxor eyes North American expansion with $5M funding round
10.6.2021
Luxor and NYDIG have teamed up to foster growth for the North American crypto mining industry
Bitcoin miner Poolin immortalizes El Salvador's BTC adoption on the blockchain
9.6.2021
El Salvador accepting Bitcoin as legal tender is now forever etched on the blockchain as mining pool Poolin adds a newspaper headline to block 686,938
Marathon’s Bitcoin Mining Pool Will ‘No Longer Filter Transactions’ — Marapool Begins Signaling for Taproot
1.6.2021
On Monday, the publicly-listed enterprise mining firm Marathon Digital Holdings announced the company has adopted the latest codebase offered by Bitcoin Core developers that features Taproot. Marathon is now signaling for Taproot according to the announcement. The North American bitcoin miner...
Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
14.5.2021
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited...
Bitcoin miner firm Ebang launches Ebonex crypto exchange
5.4.2021
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year
Bitcoin Miner's NFT Arm Aims for a USD 34.5M IPO
1.4.2021
NFT Investments, an investment company specializing in non-fungible tokens (NFTs), is planning to list on the UK's Aquis Stock Exchange Growth Market - which will value the company at nearly USD 34.5m.
The company, established by the co-founders of cryptocurrency mining group Argo Blockchain...
Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital
31.3.2021
The Texas-based miner raised more than $38 million in two separate funding rounds
Youtuber Builds a Bitcoin Miner Out of a 31-year old Nintendo Game Boy
29.3.2021
On Saturday, a popular Youtuber named Stacksmashing published a video that shows him hacking a 1989 Nintendo Game Boy in order to mine bitcoin. Despite the creativity and the fact that the miner only leverages four double-A batteries, Stacksmashing noted that the 8-bit handheld game console was...
500 MW by 2025: Bitcoin Miner Greenidge and It’s Wholly-Owned Power Plant to Be Listed on Nasdaq
22.3.2021
On Monday, the New York-based company Greenidge Generation Holdings revealed the business aims to be the first publicly-listed mining operation with a wholly-owned power plant. Greenidge expects to be publicly listed on Nasdaq via a merger with the firm Support.com. Greenidge Bitcoin Mining...
Bitcoin Miner With Own Power Plant Aims For Nasdaq Listing
22.3.2021
Another Bitcoin (BTC)-related stock might be available for investors on the Nasdaq exchange as the owner of the vertically integrated BTC mining and power generation facility in Upstate New York, Greenidge Generation Holdings (GGH), aims to go public.
GGH, the owner of Greenidge Generation, said...
Bitcoin miner sell-off fears as Puell Multiple nears ‘red zone’ last seen at 2017 peak
12.3.2021
A return to the peak of the 2017 bull market could signal “major macro highs” for Bitcoin, but this time, institutions are here, says analyst Philip Swift