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Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
29.9.2022
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium...
Bitcoin Miner Core Scientific Should Weather Crypto Storm, Analyst Says
27.9.2022
Compass Point gave Core a buy rating and $4 price target
Solar-Powered Bitcoin Miner Aspen Creek Raises $8M Despite Bear Market
27.9.2022
Galaxy Digital and Polychain Capital led the Series A funding
B Riley to Take $100 Million Equity Stake in Publicly Listed Bitcoin Miner Iris Energy
26.9.2022
Publicly traded sustainable Bitcoin (BTC) mining firm Iris Energy has signed a deal with investment bank B. Riley Financial per which the latter can buy up to $100 million in equity over the next two years.
According to the filing with the US Securities and Exchange Commission (SEC), B. Riley...
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million
26.9.2022
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following...
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
25.9.2022
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red...
B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy
23.9.2022
Iris Energy’s filing suggested the company planned to use proceeds from the sale to fund growth initiatives including purchasing mining hardware and developing data centers
Bitcoin Miner Marathon Digital’s Shares Downgraded After Compute North Files for Bankruptcy Protection
23.9.2022
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay...
Bitcoin Miner Cipher Looks to Sell Up to $250M in Stock
23.9.2022
Investment bank H.C. Wainwright will be handling the transaction
Bitcoin Miner Iris Energy Signs $100M Equity Deal With B. Riley
23.9.2022
B. Riley previously signed a similar deal with Core Scientific in July
Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy
23.9.2022
Compute North is Marathon Digital’s primary mining hosting provider
Nasdaq-Listed Bitcoin Miner Terawulf Reveals Firm’s Lake Mariner Site Has 12,000 Miners Deployed
20.9.2022
Following the publicly-listed mining operation Terawulf’s announcement that the firm’s Lake Mariner mining data center is up and running with 30 megawatts (MW) of capacity, 11 days later, the company has revealed the operation of nearly 12,000 miners at the facility in New York....
Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s
19.9.2022
The Canadian bitcoin miner started up production at its 10th site
Crypto Miner Bitdeer Bought Physical Safety Vault Le Freeport For Over $28M: Report
19.9.2022
The miner is looking to go public via a SPAC merger
Ethereum Miner Chandler Guo Predicts 90% of PoW Miners Will Go Bankrupt
16.9.2022
Chandler Guo, a big player in Ethereum mining, told CoinDesk TV that his proof-of-work fork’s debut has earned just a 5 out of 10 rating
Crypto Miner F2Pool Mined the Last-Ever PoW Ether Block Before Merge
15.9.2022
The miner used almost 30 million gwei to pay for that transaction
Bitcoin Miner Iris Rises as Compass Point Upgrades on Potential Boost in Hashrate
14.9.2022
Compass Point analyst upgraded Iris’ stock to a buy recommendation from a neutral
Crypto miner Poolin offers IOU tokens after suspending withdrawals
13.9.2022
"Our priority, for the time being, is to resume withdrawals of as many coins/tokens as possible," said Poolin
Bitcoin Miner Poolin to Issue 'IOU' Tokens After Suspending Withdrawals
13.9.2022
Poolin, one of the largest Bitcoin mining pools, has announced that it will issue IOU (I Owe You) tokens to impacted customers after it froze withdrawals last week
Filecoin Miner RRMine Global Leaves China for Singapore
13.9.2022
The move was spurred by tightened restrictions on crypto in China and concerns over the country's Web3 strategy