Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
[Jul 19, 2023 10:30 AM] The company will be able to add up to 150 megawatts of energy capacity through the two agreements.
25 / 38 Relevant items tagged with #Mining
Posts: 1,116
Posts
Bitcoin mining is becoming more environmentally friendly
[Jul 19, 2023 9:40 AM] Bitcoin mining is becoming more sustainable thanks to things like hydro-cooling farms and associated petroleum gas — undermining environmental criticism.
Dormant pre-mined Ethereum worth $116M resurrects after 8 years
[Jul 19, 2023 2:12 AM] During the pre-mine period, 61,216 Ether was worth roughly $20 million at the time. However, eight years later, the tokens are worth more than $116 million.
Crypto Miner Argo Blockchain Raises $7.5M in Share Sale; Stock Slumps
[Jul 19, 2023 2:07 AM] Proceeds from the private placing and public sale will be used to pay down debt.
Marathon shareholders file lawsuit against company's top management
[Jul 18, 2023 3:30 AM] The CEO and other top executives are being accused of a breach of fiduciary duties, unjust enrichment and waste of corporate assets.
CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live
[Jul 13, 2023 3:19 PM] The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving.
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…
HIVE Rebrands, Announces Expansion Into Cloud Computing Services
[Jul 12, 2023 5:00 AM] HIVE Digital Technologies Ltd., previously known as HIVE Blockchain, has announced that along with its renaming, the company will be focusing on revenue opportunities with its Nvidia graphics processing unit (GPU) cards in cloud compute…
Luxor Technologies Expands Bitcoin Mining Derivatives With 6-Month Contracts And Daily Settlement Rates
[Jul 10, 2023 10:51 AM] Luxor Technologies, a Bitcoin mining software and services company, has announced the expansion of its Bitcoin mining derivatives contracts. According to a press release sent to Bitcoin Magazine, the new offering from Luxor's Derivatives Desk…
CPI meets low BTC supply — 5 things to know in Bitcoin this week
[Jul 10, 2023 2:40 AM] Bitcoin is proving everything is bullish but BTC price action this week, with network fundamentals and accumulation data in “up only” mode.
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
[Jul 9, 2023 4:30 PM] According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour…
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
[Jul 9, 2023 2:30 PM] A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive…
Mawson Infrastructure Group Deploys 2,600 Bitcoin Miners at Newly Secured Pennsylvania Site
[Jul 6, 2023 11:30 AM] Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the…
UAE emerges as a pro-Bitcoin mining destination in the Middle East
[Jul 6, 2023 3:10 AM] The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate.
Heating a home with a Bitcoin miner: Staying warm with sats
[Jul 5, 2023 8:01 AM] The heat generated from Bitcoin mining could make mining at home more accessible, affordable and environmentally friendly.
Hut 8 relocates 6,400 rigs, sees growth in AI and high-performance computing
[Jul 3, 2023 2:58 AM] Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.
Miners send millions to exchanges — 5 things to know in Bitcoin this week
[Jul 3, 2023 2:20 AM] Bitcoin miners appear to be reducing risk as the significance of BTC price above $30,000 remains firmly in evidence.
June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags
[Jul 1, 2023 10:30 PM] Over the past 30 days, bitcoin miners discovered 4,324 block rewards during the month of June, with approximately 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved two milestones in June, as the network reached an…
Applied Digital Stock Surges 12% After Announcing Its Third AI Deal
[Jun 30, 2023 1:16 PM] Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service.
Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs
[Jun 30, 2023 12:30 PM] Hive wants to provide enterprise AI training in its fleet of GPUs.
Bitcoin Cash Hashrate Gains Momentum: Miners Flock to BCH as Profitability Surges
[Jun 30, 2023 11:30 AM] Over the past two weeks, bitcoin cash has experienced a significant surge, increasing 182% against the U.S. dollar and attracting more hashrate to its network. Approximately 22 bitcoin cash mining pools are now allocating SHA256 hashrate to the…
Sabre56 Partners With Arkon Energy For Ohio Data Center Consultancy Deal
[Jun 30, 2023 8:36 AM] Sabre56, a leading hosting provider and Bitcoin and digital asset mining consultancy, has signed a consultancy deal with Arkon Energy for the management of Arkon's recently acquired data center in Hannibal, Ohio. Sabre56 will oversee logistics…
Bitcoin Difficulty Takes a Dip: Network’s First Downward Adjustment in 56 Days Signals Easier Mining Ahead
[Jun 29, 2023 8:00 AM] On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June…
Crypto Miners Sent Over $1B Bitcoin to Exchanges Over Two Weeks: CryptoQuant
[Jun 28, 2023 1:36 AM] Miners usually sell bitcoin at favorable prices to keep their extensive computing operations running.
Bitcoin miners send record $128M in revenue to exchanges
[Jun 27, 2023 10:55 PM] Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react.
Bitcoin Mining ‘the Highest User of Sustainable Energy’ New Data Reveals
[Jun 27, 2023 5:30 AM] Bitcoin mining is the highest user of sustainable energy and has similarly achieved the highest increase in sustainable energy mix between July 2019 and June 2023, new data has shown. The data also shows that bitcoin mining’s emission intensity has…
MicroBT Brings ASIC Manufacturing To America In Partnership With Riot Platforms
[Jun 26, 2023 7:47 AM] Riot Platforms, the largest public U.S. Bitcoin mining company in terms of developed capacity, has made a groundbreaking announcement regarding a partnership with Bitcoin ASIC manufacturer, MicroBT. The two major bitcoin companies will bring the…
BTC price up, fundamentals down? 5 things to know in Bitcoin this week
[Jun 26, 2023 2:31 AM] Bitcoin begins an “important” week with $30,000 still intact at the weekly close.
Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm
[Jun 26, 2023 12:30 AM] Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by…
APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M
[Jun 23, 2023 9:18 AM] Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal.