Bitcoin miner Marathon increases 2024 hash rate target to 50 EH/s
[Apr 25 8:07 PM] If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.
2 / 3 Relevant items tagged with #Cleanspark
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Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain
[Apr 12 8:39 AM] The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest…
Cleanspark’s Stock Tumbles 10% After Plans to Sell $800 Million in Shares
[Mar 28 8:52 PM] Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion…
Bitcoin Year-End Price Target Raised to $90K at Bernstein
[Mar 21 7:30 AM]
Bitcoin Mining Firms Terawulf and Cleanspark Ramp up Hashrates, Boost Financial Footing
[Feb 16 11:30 AM] This week witnessed significant expansions in the bitcoin mining sector, with two leading firms unveiling substantial increases in their operational hashrate. Terawulf disclosed that its self-mining business has escalated to 7.6 exahash per second…
Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
[Feb 9 5:01 AM] Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%.
Cleanspark Expands Bitcoin Mining Operations to Mississippi With $19.8 Million Acquisition
[Feb 6 11:30 AM] The publicly traded bitcoin mining entity Cleanspark has unveiled plans to broaden its operational footprint into Mississippi through the purchase of three fully operational bitcoin mining sites in the area. Alongside these Mississippi locations…
Cleanspark Bolsters Bitcoin Mining Might With 60,000 S21 Rig Acquisition From Bitmain
[Jan 9 7:46 AM] The bitcoin mining firm Cleanspark, listed on Nasdaq, recently revealed the acquisition of 60,000 S21 miners produced by Bitmain. Scheduled for delivery in the next quarter, this purchase represents approximately 12 exahash per second (EH/s) of…
Nasdaq-Listed Bitcoin Miner Cleanspark to Launch in-House Trading Desk, CEO States It ‘Makes Financial Sense’
[Jan 6 3:30 AM] Cleanspark, a Nasdaq-listed Bitcoin mining company, has announced that it will launch an in-house trading desk to maximize the return on its cryptocurrency holdings. Cleanspark CEO Zachary Bradford explained that organizing their trading desk made…
Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals
[Dec 4, 2023 10:25 PM] It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.
Quality Bitcoin Mining Stocks Offer a Good Way to Gain Exposure to the Next Bull Run: Bernstein
[Oct 31, 2023 2:51 AM] Bernstein expects bitcoin to rise to a high of $150,000 in the 2024-2027 cycle, the report said.
Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
[Oct 11, 2023 10:31 AM] The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining.
CleanSpark Announces Completion Of Georgia Expansion, Surpasses 8 EH/s
[Jul 13, 2023 12:43 PM] CleanSpark Inc. has announced the completion of phase two of its mining campus expansion in Washington, Georgia. The expansion is expected to increase CleanSpark's bitcoin mining compute power by 1.8 exahashes per second (EH/s) to a total of 8.5…
Cleanspark Expands Bitcoin Operations With Acquisition of Georgia Facilities in All-Cash Deal
[Jun 21, 2023 5:30 PM] Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase…
CleanSpark Acquires Two Bitcoin Mining Campuses, Allowing For Expansion Of Hash Rate And Mining Capacity
[Jun 21, 2023 7:54 AM] CleanSpark Inc., a prominent Bitcoin mining company, has announced its plans to acquire two turnkey bitcoin mining campuses in Dalton, Georgia, for $9.3 million in an all-cash deal. The facilities are expected to contribute nearly 1 exahash per…
Bitcoin Miner CleanSpark to Buy 2 Georgia Facilities for $9.3M
[Jun 21, 2023 7:00 AM] The new facilities are expected to add just under 1 EH/s to Nasdaq-listed CleanSpark's hashrate.
CleanSpark’s Latest Update Reveals Major Boost In BTC Mined Due To Fees
[Jun 2, 2023 12:33 PM] CleanSpark, Inc., a publicly traded bitcoin mining company, has released its May 2023 bitcoin mining and operations update, revealing significant growth in both its bitcoin holdings and revenue. The company's bitcoin holdings grew by 44% in May…
Bitcoin mining firms keep building despite BTC mining profitability slump
[Jun 1, 2023 11:05 PM] Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs.
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…
CleanSpark Announces Purchase Of 12,500 Antminer S19 XP Bitcoin Miners
[Jun 1, 2023 11:18 AM] CleanSpark Inc. has announced the purchase of 12,500 Antminer S19 XP bitcoin mining machines for a total price of $40.5 million. The machines were acquired at a lower price than the current market average, costing $23 per terahash, according to a…
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
[Jun 1, 2023 7:00 AM] CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
[May 11, 2023 11:39 AM] Thursday's reported first-quarter earnings from miners were a mixed bag.
Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal
[Apr 13, 2023 1:30 AM] According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining…
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
[Apr 11, 2023 2:00 PM] On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of…
Bitcoin miner CleanSpark purchases 45,000 ASICs for $145M
[Apr 11, 2023 9:11 AM] The BTC mining firm projects its mining power will reach 16 EH/s by the end of the year.
CleanSpark To Nearly Double Bitcoin Mining Capacity With $144.9M Antminer Purchase
[Apr 11, 2023 7:00 AM] The public mining company has purchased 45,000 Antminer S19 XP miners in line with its goal of reaching 16 EH/s by end of year.CleanSpark Inc., a public Bitcoin mining company, has announced its purchase of 45,000 brand-new units of the Antminer…
CleanSpark Buys $144.9M of Bitcoin Mining Rigs to Double Its Hashrate
[Apr 11, 2023 7:00 AM] The brand new Bitmain Antminer S19 XPs miners will be delivered by September.
CleanSpark Reports 22% Increase In Bitcoin Mined For Q1 2023 And Provides Washington Expansion Update
[Apr 3, 2023 10:27 AM] The company continues to grow its hash rate, with a Washington expansion set to facilitate 86MW of mining capacity. CleanSpark, Inc. has released its unaudited Bitcoin mining and operations update for March, 2023. The company announced that it had…
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…
CleanSpark Acquires 20,000 Bitcoin Miners For New Facilities
[Feb 16, 2023 4:09 PM] The new miners will contribute to CleanSpark’s ongoing expansion, just as the Bitcoin market ramps up.CleanSpark Inc. has purchased 20,000 brand new Antminer S19j Pro+ units, the latest generation of Bitmain’s bitcoin mining machines, for $43.6…