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Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production

[Apr 10 3:30 PM] On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings. Auradine Raises $80…

Auradine Unveils New Teraflux Miners Setting New Efficiency Benchmarks in Bitcoin Mining Industry

[Nov 15, 2023 4:30 AM] While several leading mining rig manufacturers have introduced more efficient bitcoin miners measured in joules per terahash (J/T), Auradine, based in California, has announced the debut of its Teraflux AT2880 and AI3680 bitcoin miners. These new…

Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan

[Aug 21, 2023 4:32 AM] Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.

Police in Kosovo Seize Crypto Mining Rigs From Serbs

[Apr 16, 2023 3:30 PM] Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in…

China Fines Bitmain $3.6 Million for Tax Violations, Report

[Apr 12, 2023 11:30 PM] Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto…

BlockFi gets court nod to sell crypto mining assets

[Jan 31, 2023 12:01 AM] It is understood that BlockFi wants to get bids in as quickly as possible to make the most of the current market conditions.

Iran Returns Seized Crypto Mining Equipment to Miners

[Jan 3, 2023 4:30 PM] A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed…

Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware

[Dec 3, 2022 11:00 PM] Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting…