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Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%
7.5.2024
Marathon Digital will officially be added to the index fund on May 8
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
1.5.2024
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in...
Marathon Digital Ramps up Bitcoin Mining Goals, Targets 50 EH/s Hash Rate for 2024
26.4.2024
Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded capacity from recent acquisitions, aiming to more than double its mining operations without the need to raise additional capital. The company’s growth includes...
Yuga Labs Sells IP Rights of Two NFT Games in Strategic Move – Here’s the Latest
19.4.2024
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has sold the IP rights of two of its games, Legends of the Mara and HV-MTL, to Web3 gaming firm Faraway. The move is part of a strategic restructuring effort to refocus the organization. Simultaneously, Yuga Labs' chief gaming officer...
Marathon Announces Anduro Layer Two Platform to Advance Bitcoin’s Capabilities
2.3.2024
Marathon Digital Holdings, one of the world’s largest public Bitcoin mining companies, has announced its work on Anduro, a multichain, layer two platform on top of Bitcoin. With Anduro, Marathon proposes the creation of several sidechains designed to expand Bitcoin’s standard...
Bitcoin Miner Marathon's Shares Outperform Peers Ahead of Possible 'Strong' Earnings Report
28.2.2024
The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to a rally in bitcoin prices, said a Jefferies analyst
Bitcoin Miner Marathon to Start 'Slipstream' to Make Complex BTC Transactions Faster
22.2.2024
The new offering will expedite the process of large and non-standard transactions
Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald
26.1.2024
Bitcoin mining is getting less profitable as many publicly traded miners might face potential profitability challenges following the next Bitcoin halving event. According to a recent report by Cantor Fitzgerald, 11 major mining companies, including Marathon Digital (MARA), Riot Platforms (RIOT)...
Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M
20.12.2023
On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million...
Bitcoin Miners Record 10% Stock Growth As Asset’s Price Surge
3.11.2023
The price growth in the cryptocurrency market has resulted in big wins for several sectors including Bitcoin (BTC) miners, blockchain-based firms, and yield farmers. Bitcoin miners have recorded over 10% stock growth as the asset’s price trades near $35,000, close to its 17-month high. ...
Bitcoin miner Marathon mines invalid block in failed ‘experiment’
28.9.2023
Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations
So Just Who Is That Masked Inquisitor In Star Wars: Ahsoka?
25.8.2023
Ahsoka, the latest Disney+ Star Wars streaming show, officially kicked off with a two-episode premiere on August 22. While the show introduced a lot of new characters and set up some possible mysteries to unravel, the biggest and most mysterious-est is the identity of the masked Marrok, a...
Africa-Focused DeFi Platform Mara Releases Ethereum-Compatible Testnet
21.7.2023
Developers in Nigeria and across Africa can build and test their decentralized applications on the Optimism forked Mara Chain
Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees
9.6.2023
African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees have said the startup’s ballooning marketing...
Mara Schmiedt, CGO of Alluvial, on Liquid Staking and The Future of Staking | Ep. 195
13.1.2023
In an exclusive interview with cryptonews.com, Mara Schmiedt, CGO of Alluvial, talks about the impact of liquid staking on the crypto ecosystem, the future of staking, and how institutions and consumers should begin to think about security and decentralization trade-offs....
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Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million
1.11.2022
On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the company has purchased 26,500 bitcoin mining machines since the crypto winter started in June. Cleanspark Purchases 3,853 Antminer S19J...
Coinbase, Alameda-backed Mara launches African crypto wallet service
27.10.2022
Africa’s cryptocurrency landscape welcomes a new crypto wallet backed by global firms in the ecosystem
Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s
26.10.2022
On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the company’s original year-end goals. Cleanspark says it now aims to surpass 5.5 EH/s by...
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...
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise
13.5.2022
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser...