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Bitcoin Miner Iris Energy Reiterates Hashrate View While Revenue Misses Estimates
11.5.2022
The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago
Bitcoin Miner Argo Blockchain 'Leans Toward' Designing Custom Miners With Intel Chips
11.5.2022
Custom bitcoin mining rigs will allow miners to design their own machines, instead of having to settle for ready-made ones from a duopoly of manufacturers
Bitcoin Miner Riot First Quarter Revenue Misses Estimate
10.5.2022
The miner reiterates its hashrate guidance of 12.8 EH/s
Bitcoin Miner CleanSpark Tops Quarterly Estimates
10.5.2022
The company funded its growth and capital expenditure plans with the sale of mined bitcoin
Riot Blockchain Is Constructing a 1 GW Bitcoin Mining Facility in Navarro County, Texas
29.4.2022
The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. The development of 400 megawatts (MW) of capacity has been initiated on the 265-acre site and the team hopes to have bitcoin...
Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
28.4.2022
The miner now sees 2022 hashrate at 5.5 EH/s from previous guidance of 3.7 EH/s
Bitcoin Miner Blockmetrix Raises $20M in Debt From BankProv and CrossTower
27.4.2022
The proceeds will go toward buying more mining machines and investing in joint infrastructure ventures
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
26.4.2022
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures...
Bitcoin Miner CleanSpark Raises $35M in Equipment-Backed Debt From Trinity Capital
26.4.2022
Equipment-based financing is becoming an increasingly popular option for mining firms to fund their growth
American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions
25.4.2022
US-based Bitcoin (BTC) & crypto mining company Compass Mining aims to sell USD 30m worth of mining gear currently stuck in Siberia to buyers in Russia in a bid to avoid possible sanctions by the US and the EU.
Whit Gibbs, CEO of the Texas-based company, has told Bloomberg that the mining...
US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing its Natural Resources'
21.4.2022
The US has imposed sanctions on a Russian Bitcoin (BTC) and crypto mining firm in a bid to deter Moscow's possible evasion of existing sanctions, imposed as punishment over its invasion of Ukraine....
Read More: US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing...
Flared-Gas Bitcoin Miner Crusoe Energy Raises $350M Series C
21.4.2022
The company is also bringing on additional credit facilities of up to $155 million
Bitcoin Miner Bit Digital Files to Raise Up to $500M in Equity
21.4.2022
The proceeds will be used for capital expenditures, buying new mining equipment and other potential acquisitions
Fumb Games Mobile App Bitcoin Miner Integrates Real BTC Rewards via Zebedee
15.4.2022
Four years ago, a mobile game application called “Bitcoin Miner” came out that simulates bitcoin mining but at the time, the game’s development team Fumb Games could not integrate bitcoin rewards. On Thursday, Fumb Games revealed it has partnered with the fintech firm Zebedee...
Bitcoin Miner Crusoe Mostly Unaffected by North Dakota Oil Site Explosion
11.4.2022
The incident wasn’t caused by Crusoe’s equipment, according to the company, and damages were minimal
Compute North Reveals Bitcoin Miner Is Building a 300 MW Data Center in Texas
8.4.2022
The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt (MW) data center in Granbury, Texas. According to the mining firm, the data center located near Wolf Hollow Power Plant will be scalable up to 600 MW going forward. 300 MW of Capacity...
Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay
5.4.2022
The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million
Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets
4.4.2022
On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second...
Bitcoin miner Riot Blockchain files prospectus for $500M stock sale
1.4.2022
Despite the sizable dilution, the RIOT stock price has not moved much at the time of publication
Bitcoin Miner PrimeBlock Plans to go Public With $1.25B SPAC Merger
1.4.2022
The deal is expected to close in the second half of this year