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Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
19.7.2023
The company will be able to add up to 150 megawatts of energy capacity through the two agreements
Crypto Miner Argo Blockchain Raises $7.5M in Share Sale; Stock Slumps
19.7.2023
Proceeds from the private placing and public sale will be used to pay down debt
Crypto miner Hive Digital drops 'blockchain' from name amid pivot to AI
13.7.2023
Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud commuting and GPUs
Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
12.7.2023
In recent weeks BTC miners sent a record amount of Bitcoin to exchanges right as the network’s difficulty metric hit a new all-time high
Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year, $120,000 Next Year
11.7.2023
Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash...
Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards
7.7.2023
As we wrap up the initial six months of 2023, the Bitcoin network inches closer to a significant milestone — the impending block reward halving, which lies just under 300 days ahead. Projections indicate that this event is slated to take place between April 21 and 27, 2024, leading to...
Heating a home with a Bitcoin miner: Staying warm with sats
5.7.2023
The heat generated from Bitcoin mining could make mining at home more accessible, affordable and environmentally friendly
Applied Digital Stock Surges 12% After Announcing Its Third AI Deal
30.6.2023
Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service
Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs
30.6.2023
Hive wants to provide enterprise AI training in its fleet of GPUs
Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
27.6.2023
Coinbase has offered to lend $50 million to Hut 8, one of the world’s largest publicly traded Bitcoin (BTC) mining firms, the latter firm said in a press release....
Read More: Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
26.6.2023
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC
Bitcoin Miner Applied Digital Signs AI Hosting Deal Worth Up to $460M
23.6.2023
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal
Bankrupt Bitcoin Miner Core Scientific Presents Chapter 11 Plan, Optimistic of Successful Revival
22.6.2023
The troubled US-based Bitcoin (BTC) miner Core Scientific has filed its reorganization plan under Chapter 11 of the US bankruptcy law, and now plans to convert debt to equity for creditors.
The filing was made in the Southern District of Texas on Wednesday, and shows that the mining firm...
Cleanspark Expands Bitcoin Operations With Acquisition of Georgia Facilities in All-Cash Deal
22.6.2023
Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase Cleanspark’s current operations by just...
Bitcoin Miner Iris Energy Turns to High-Performance Computing Amid Rising AI Demand
21.6.2023
The Nasdaq-listed Bitcoin mining firm Iris Energy has announced its expansion plans to cater to the rising demand of data centers for AI.
The mining firm will expand to 9.1 EH/s (exahashes per second) and revitalize its high-performance computing (“HPC”) data center strategy, as per a press...
Bitcoin Miner CleanSpark to Buy 2 Georgia Facilities for $9.3M
21.6.2023
The new facilities are expected to add just under 1 EH/s to Nasdaq-listed CleanSpark's hashrate
Bitcoin miner Core Scientific files its Chapter 11 plan
21.6.2023
The bankruptcy plan explained that on the effective date of the bankruptcy plan, holders of allowed DIP claims will receive full and final satisfaction of their claims
Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
20.6.2023
Miners are increasingly looking to fill data center space with AI and cloud computing
Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green
14.6.2023
Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining
El Salvador's Bitcoin miner Volcano Energy launches with $250M investment
7.6.2023
Volcano Energy, the renewable energy developer, said the funds would go toward an estimated 241 MW power generation park