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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
MARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin
12.8.2024
Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes set to mature in 2031. This move, targeting qualified institutional buyers, aims to generate funds for corporate ventures and the purchase of more bitcoin. MARA...
Bitcoin miner Argo repays $35M Galaxy bailout loan
12.8.2024
The loan saved Argo from bankruptcy during the crypto winter of 2022
Bitcoin Miner Marathon Digital Plans $250M Private Note Sale to Fund Bitcoin Buying
12.8.2024
The notes will pay interest every six months and mature Sept. 1, 2031
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 Miner With Celsius Assets Delays IPO After Losing CEO and Auditor
8.8.2024
Ionic Digital's CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim
Miner profitability falls to record lows — Blocksbridge
8.8.2024
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues
Miner profitability falls to record lows — Blocksbridge
8.8.2024
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues
Miner profitability falls to record lows — Blocksbridge
8.8.2024
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues
Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
7.8.2024
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also referred to as the hashprice, to drop below $36...
Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden
6.8.2024
Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration with Swedish company Muttern Fastigheter showcases an innovative approach to enhancing energy...
Bitcoin Miner Core Scientific Shares Spike After Signing $2B of Additional Computing Contract
6.8.2024
The extension of the previous deal with CoreWeave brings total revenue potential for the miner to more than $6.7 billion over 12 years
World's largest Bitcoin miner increased BTC holdings by $124M in July
6.8.2024
Marathon Digital holds over $1.1 billion worth of Bitcoin after the company decided to go full ‘HODL.’
Bitcoin Miner Argo Blockchain Reports Steady Performance in July 2024
5.8.2024
Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average of 1.5 BTC per day, consistent with June 2024. The company generated $3 million in mining revenue, with a mining margin in the mid-20% range, slightly lower than...
Bitcoin Miner Cleanspark Acquires Wyoming Mining Site
2.8.2024
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity through a 30 MW immersion-cooled data center expected...
Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates
1.8.2024
The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit
Bitcoin Miner Riot Platforms' Second-Quarter Loss Widens to $84.4M as Costs Surge
1.8.2024
The company's loss per share doubled to $0.32
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
Bitcoin Miner Argo Blockchain Secures $8.3 Million From an Institutional Investor
31.7.2024
Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an institutional investor. The transaction is expected to generate gross proceeds of approximately £6.5 million ($8.3 million). Argo Blockchain Announces $8.3 Million Private...