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Cipher Mining Boosts Capacity with 16,700 New Bitcoin Miners
4.1.2024
Source: Adobe / Photocreo Bednarek Prominent Bitcoin (BTC) mining firm Cipher Mining has acquired 16,700 new mining rigs, aiming to position itself as one of the leading players in the industry following the anticipated Bitcoin halving event in April. The company plans to install these...
Hive Amplifies Bitcoin Mining Might With 7,000 Bitmain S21 Units
24.12.2023
The publicly-listed company Hive Digital Technologies, based in Vancouver, has announced the acquisition of 7,000 new application-specific integrated circuit (ASIC) bitcoin mining rigs from Bitmain. The ordered Antminer S21 units are slated for arrival from January through June next year. Hive...
Cipher Scales BTC Mining Operation with 37,000 Bitmain Antminers Worth $100M
19.12.2023
Source: Adobe/Photocreo Bednarek NASDAQ-listed Bitcoin mining firm Cipher Mining Inc. has announced the purchase of 37,396 units of the latest Bitmain Antminer T21 series. Making the announcement in a press release, the company disclosed that this acquisition amounted to approximately $99.5...
Bitcoin Miner Hut 8 to Build Out Mining Facility in Partnership with Celsius
18.12.2023
Source: Pixabay Digital asset mining firm Hut 8 signed an interim agreement to build out and install crypto-mining facilities in collaboration with Celsius Network. In a Dec 18 press release, the Bitcoin miner signed the agreement linked to Celsius bankruptcy proceedings which will see the firm...
Bit Origin Secures $6.74 Million for New Bitcoin Mining Facility in Wyoming
12.12.2023
Bitcoin mining firm Bit Origin has announced that the company has secured a $6.74 million investment to build a new mining facility in Cheyenne, Wyoming. The data center will be a new 25-megawatt (MW) site that aims to accommodate between 4,480 to 8,400 bitcoin miners. Ahead of Bitcoin Halving,...
Phoenix Group Acquires $380 Million Worth of Green Mining Equipment from WhatsMiner
8.12.2023
Source: Brian Wangenheim / Unsplash Phoenix Group, a United Arab Emirates Bitcoin mining firm, has disclosed a $380 million deal with WhatsMiner for hydro cooling mining equipment. On December 7, Bitcoin miner Phoenix Group announced that it had swiftly secured a $380 million hydro cooling hardware...
Crypto Mining Firm Phoenix Shares Surges 50% on Abu Dhabi Debut
6.12.2023
Source: Adobe Phoenix Group Plc, an Abu Dhabi-based Bitcoin mining and colocation service provider, has reported a significant 50% surge in shares. The company announced Sunday, its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th. The event marked...
Bitcoin mining firm Phoenix Group delays share listing
28.11.2023
Due to UAE's National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023
UAE’s Bitcoin Mining Firm Phoenix Group Secures $370 Million in Oversubscribed IPO
24.11.2023
The United Arab Emirates (UAE) is making its entry into the bitcoin mining sector. In a recent declaration by Phoenix Group PLC, a bitcoin mining enterprise, it was revealed that the company successfully garnered $370 million through an initial public offering (IPO) that was highly sought after...
Hive Bolsters Mining Power With Purchase of 4,800 Bitmain S19k Bitcoin Miners Ahead of 2024 Halving
14.11.2023
On Tuesday, Hive Digital, a bitcoin mining company based in Vancouver, revealed its acquisition of 4,800 Bitmain S19k Antminer mining rigs. Hive stated that this purchase is intended to strengthen the firm and strategically position it for the anticipated reward halving. Vancouver’s Hive...
China’s BTC Digital Bolsters Bitcoin Mining Capability with 220 Units – Crypto Mining Making a Comeback?
6.11.2023
BTC Digital, a Chinese Bitcoin mining firm with operations in the US, has announced the purchase of 220 Bitmain Antminer S19j Pro Bitcoin mining machines, bolstering its Bitcoin mining capabilities. According to an announcement from the firm, the machines, which are set to be delivered...
Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner
1.11.2023
America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock in a new publicly traded mining entity. New York...
Bitmain’s Latest Air-Cooled Antminer Set for Q1 2024 Shipping
27.10.2023
Bitcoin mining firm Bitmain has formally launched the Antminer T21, a new air-cooled Bitcoin miner. The company made the announcement today, October 26, on X. The Antminer T21 is the company’s new air-cooling miner, which can tolerate temperatures as high as 45 degrees Celsius. The new mining...
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
Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Developers
20.5.2023
Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged to match all contributions toward this cause...
Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s
5.5.2023
Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with Cantaloupe Digital LLC, a subsidiary of the bitcoin application-specific integrated circuit (ASIC) manufacturer, Canaan. Under the new partnership, Stronghold Digital plans...
Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s
2.5.2023
Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s hashpower by 1 exahash...
Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal
13.4.2023
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 firm is scheduled to go public through a special...
Bitcoin mining firm Bitmain reportedly fined for tax violations in China
11.4.2023
Bitmain has reportedly failed to pay personal income taxes in accordance with China’s laws on the administration of tax collection
Bitcoin Mining Firm Sphere 3D Sues Gryphon Digital Over Spoofing Attack – Here's What Happened
9.4.2023
Bitcoin mining firm Sphere 3D is suing Gryphon Digital Mining, its business partner, for losing about $500,000 worth of Bitcoin due to a spoofing attack.
The firm accused Gryphon CEO Rob Chang of sending 18 Bitcoin to a fraudster who pretended to be Sphere 3D's CFO in January. A few days later...