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Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal

[Aug 13, 2024 4:30 PM] Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge immersion miners, known for their…

190 to 450 Terahash: Microbt Unveils Powerful M6XS+ Miners at Bitcoin 2024

[Jul 28, 2024 12:10 PM] At the Bitcoin 2024 conference in Nashville, the Chinese bitcoin application-specific integrated circuit (ASIC) manufacturer Microbt introduced its new line of M6XS+ miners. These miners offer a hashrate ranging from 190 terahash per second (TH/s)…

Marathon Digital Expands Mining Operations to Include Kaspa

[Jun 27, 2024 12:06 PM] Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company mining 93 million KAS, valued at…

Nicehash Partners With Marathon to Launch Custom Firmware for ASIC Bitcoin Miners

[Jun 15, 2024 5:34 AM] The bitcoin hashing power marketplace, Nicehash, has launched custom software for ASIC miners optimized for its mining platform. The firmware is designed to help miners drive greater efficiency from ASIC devices and increase revenue. Nicehash CEO…

Home miners may benefit from NiceHash, Marathon Digital collaboration

[Jun 14, 2024 5:23 PM] The new NiceHash firmware will combine the advantages of two products.

Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-Halving

[May 25, 2024 10:15 AM] Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC) mining rigs has shifted significantly. It is now essential to ensure electricity is inexpensive and machines are…

Crypto Mining Crackdown in Malaysia: Sarawak Police and Energy Plant Dismantle Illegal Mining Operation

[Jul 30, 2023 11:30 PM] A covert cryptocurrency mining operation, suspected of electricity theft, was uncovered in a Marina Square shophouse in Miri, Malaysia. Representatives from the Sarawak police and Sarawak Energy plant revealed that the successful operation was made…

Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis

[Jul 24, 2023 11:30 AM] In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry…

Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners

[Jun 1, 2023 1:30 PM] On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per…

March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs

[Apr 1, 2023 9:30 AM] According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last 2,016 blocks or the last…

Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs

[Feb 17, 2023 6:30 AM] Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to…

Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners

[Feb 13, 2023 7:30 PM] With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company.

Bitcoin ASIC miner prices hovering at lows not seen in years

[Dec 27, 2022 1:00 AM] ASIC miners' price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace.

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG

[Dec 20, 2022 2:30 PM] The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per…