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Publicly-Listed Bitcoin Miner Cleanspark’s Hashrate Exceeds 3 Exahash, Firm Records Daily Production High of 13.25 BTC
30.8.2022
Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed 3 exahash per second (EH/s), tripling in less than twelve months’ time. The news follows a number of expansions bitcoin mining operations have...
Sell-Side Trims Targets for Bitcoin Miner Argo Blockchain
26.8.2022
Earlier this week, the bitcoin mining firm lowered its year-end growth projection from 5 EH/s to 3.2 EH/s
Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M For 4.1 EH/s Hashrate Target
25.8.2022
The firm is also looking to sign a deal for power in the next few months to avoid paying spot prices
Bitcoin Miner Argo Cuts Year-End Hashrate View Citing Delayed Intel Mining Rigs
24.8.2022
The company’s second-half revenue and adjusted EBITDA fell mainly due to the decline in bitcoin prices
Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
23.8.2022
Marathon is relying on hosting firms to reach 23.3 EH/s by mid-2023
Russian Caught Mining Crypto in Covid-19 Clinic
22.8.2022
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for almost a year before law enforcement busted his crypto...
World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown
21.8.2022
The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches...
Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since August 1
19.8.2022
Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the last two weeks, selling 5,925 bitcoin worth millions...
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors
17.8.2022
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure and invest in new mining machines. Bit Mining to Use Fresh Capital...
Troubled miner returns 26,000 rigs to eliminate debt
17.8.2022
The mining operator entered into a deal with NYDIG to sell rigs to alleviate $64.7 million in outstanding debt
Bitcoin Miner Riot Takes $349M Goodwill Impairment Charge on Acquisitions
17.8.2022
he company also posted an impairment charge of $99.8 million on its bitcoin holdings
Bitcoin Miner Stronghold Digital In Debt Restructuring Negotiations With Lenders
16.8.2022
Stronghold Digital Mining had repeatedly delayed its earnings release
Bitcoin Miner PrimeBlock Cancels Listing Plans, Terminates $1.25B Merger With 10X Capital
16.8.2022
Bitcoin mining company PrimeBlock has terminated its plans for a public listing via a merger with special purpose acquisition company (SPAC) 10X Capital Venture Acquisition
Bitcoin Miner Greenidge Generation Shares Fall as Revenues Miss Estimates
15.8.2022
The company said the combination of falling bitcoin prices and high global energy prices presented a “challenging earnings environment.”
Miner Chandler Guo Repeats Support for Ethereum Fork Post-Merge
15.8.2022
Chandler Guo, a prominent Ethereum miner, joined CoinDesk TV’s “First Mover,” to discuss his support for the blockchain’s upcoming proof-of-work fork
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022
12.8.2022
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the...
Bitcoin Miner Core Scientific Sticks With Its Year-end Hashrate Projection
11.8.2022
The miner’s second quarter revenue almost doubled compared to last year
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
10.8.2022
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a...
Bitcoin Miner Riot Blockchain Delays Earnings Report to Sort Out How Much Crypto Rout Devalued Its Assets
10.8.2022
The miner said that macroeconomic factors have complicated its accounting more than expected
Bitcoin Miner CleanSpark Buys 36MW Facility and 3,400 Machines in Georgia for $25.1M
9.8.2022
The Las Vegas miner continues to snatch up opportunities in a market ripe for mergers and acquisitions