Search
Bitcoin Miner CleanSpark Tops Quarterly Estimates
10.5.2022
The company funded its growth and capital expenditure plans with the sale of mined bitcoin
Riot Blockchain Is Constructing a 1 GW Bitcoin Mining Facility in Navarro County, Texas
29.4.2022
The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. The development of 400 megawatts (MW) of capacity has been initiated on the 265-acre site and the team hopes to have bitcoin...
Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
28.4.2022
The miner now sees 2022 hashrate at 5.5 EH/s from previous guidance of 3.7 EH/s
Bitcoin Miner Blockmetrix Raises $20M in Debt From BankProv and CrossTower
27.4.2022
The proceeds will go toward buying more mining machines and investing in joint infrastructure ventures
Another Bitcoin Solo Miner Wins the Block Race
27.4.2022
A solo Bitcoin (BTC) miner with a hashrate capacity of 60 terahashes per second (TH/s) has added a new block to the Bitcoin blockchain, registering the block reward of BTC 6.25 (USD 244,074).
This marks the sixth solo miner to win a Bitcoin block race so far in 2022, according to pseudonymous...
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
26.4.2022
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures...
Bitcoin vs BTC miner stocks: Bitfarms mining chief explains key differences
26.4.2022
Direct BTC purchases and Bitcoin mining stock investments are two “fundamentally different” investment strategies to suit different people and interests, Ben Gagnon says
Bitcoin Miner CleanSpark Raises $35M in Equipment-Backed Debt From Trinity Capital
26.4.2022
Equipment-based financing is becoming an increasingly popular option for mining firms to fund their growth
American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions
25.4.2022
US-based Bitcoin (BTC) & crypto mining company Compass Mining aims to sell USD 30m worth of mining gear currently stuck in Siberia to buyers in Russia in a bid to avoid possible sanctions by the US and the EU.
Whit Gibbs, CEO of the Texas-based company, has told Bloomberg that the mining...
US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing its Natural Resources'
21.4.2022
The US has imposed sanctions on a Russian Bitcoin (BTC) and crypto mining firm in a bid to deter Moscow's possible evasion of existing sanctions, imposed as punishment over its invasion of Ukraine....
Read More: US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing...
Flared-Gas Bitcoin Miner Crusoe Energy Raises $350M Series C
21.4.2022
The company is also bringing on additional credit facilities of up to $155 million
Bitcoin Miner Bit Digital Files to Raise Up to $500M in Equity
21.4.2022
The proceeds will be used for capital expenditures, buying new mining equipment and other potential acquisitions
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days
17.4.2022
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer...
Fumb Games Mobile App Bitcoin Miner Integrates Real BTC Rewards via Zebedee
15.4.2022
Four years ago, a mobile game application called “Bitcoin Miner” came out that simulates bitcoin mining but at the time, the game’s development team Fumb Games could not integrate bitcoin rewards. On Thursday, Fumb Games revealed it has partnered with the fintech firm Zebedee...
Bitcoin Miner Crusoe Mostly Unaffected by North Dakota Oil Site Explosion
11.4.2022
The incident wasn’t caused by Crusoe’s equipment, according to the company, and damages were minimal
Compute North Reveals Bitcoin Miner Is Building a 300 MW Data Center in Texas
8.4.2022
The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt (MW) data center in Granbury, Texas. According to the mining firm, the data center located near Wolf Hollow Power Plant will be scalable up to 600 MW going forward. 300 MW of Capacity...
Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay
5.4.2022
The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million
Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets
4.4.2022
On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second...
Digihost Becomes First Publicly Traded Miner to Offer Bitcoin Dividend Payments
4.4.2022
The miner also expects a 1.5 exahash pre second (EH/s) of average hashrate for 2022, which is about 5.5x more than its 2021 mining power
Average Ethereum Gas Fee Jumps to $20 per Transfer, L2 Fees Follow Rise
3.4.2022
While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising once again on the second-largest cryptocurrency network in terms of market valuation. On Sunday, April 3, the average transaction network...