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Nalezeno "Bitcoin (BTC) mining": 145

Bitcoin Miner Cipher Secures $50 Million Investment From Softbank


Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves...

Arkansas Senate Rejects Bill Restricting Bitcoin Mining Near Military Sites


The Arkansas Senate has rejected Senate Bill 60, which sought to prohibit digital asset mining businesses from operating within 30 miles of military facilities. Arkansas Legislature Rejects Digital Asset Mining Restriction The bill, introduced by Senator Hill and Representative Evans, aimed...

DCG Spins Off Fortitude Mining to Focus on Digital Asset Ventures


Digital Currency Group (DCG) has launched Fortitude Mining, a subsidiary focused on mining bitcoin and emerging digital assets, on Jan. 29, 2025, appointing former Foundry executive Andrea Childs as CEO. Fortitude Mining, New DCG Subsidiary, Targets Bitcoin and Emerging Crypto Assets According...

Bitcoin Miners Power up Kentucky as Paducah’s Utility Reaps Financial Gains


Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s Energy...

Bitdeer Reports a 3% Drop In Self-Mined Bitcoin Production


A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer Repays $10 Million Principal Balance on Senior Notes Despite Drop in BTC Production Bitdeer’s latest mining and operational update showed...

Mining Boom: Bitcoin Miners Rake in Highest Revenue Since April


Bitcoin miners had plenty to smile about in November, as their revenue received a significant boost thanks to a price climb, hitting levels not seen since April. Bitcoin Miners Celebrate $1.21B November Payout as Hashrate Soars Bitcoin miners saw brighter days in November, enjoying a substantial...

Bitcoin Miners’ June Revenue Dips Slightly Below May


The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $57 per PH/s to the current $48. Bitcoin...

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