Riot Platforms, a leading U.S. Bitcoin mining firm, announced robust production figures for June, mining 450 Bitcoin (BTC) valued at approximately $49.26 million at current market prices. This marks a…
Paolo Ardoino, CEO of Tether, has stated the stablecoin issuer aims to become the largest Bitcoin miner globally by the end of the current year. Tether, which reported approximately $13…
Bitcoin mining company Cango announced that it generated nearly $100.5 million worth of Bitcoin in the two months following its complete transition to crypto mining.
The company mined a total of…
Bitcoin mining company CleanSpark has significantly expanded its operations with the acquisition of five turnkey mining facilities in Georgia. The company announced the $25.8 million cash deal on Tuesday, with…
Cipher Mining Acquires 37,000 Bitmain Antminers for $99.5 Million to Expand Crypto Mining Operations
Cipher Mining, a publicly traded Bitcoin mining company, has announced a substantial investment in cryptocurrency mining hardware. The company is set to acquire 37,396 units of Bitmain Antminer T21 miners…
The Bitcoin joint mining company Xive became one of the TOP 50 finalists in the WorldFestival 2023 Startup Awards. The company made it onto the leaderboard in the Blockchain &…
SOS Limited has entered into a Hosting Agreement with Bitmain that will add 6000 units of hosting mining rigs. SOS has so far launched over 5,000 of its mining rigs…
Bitcoin miners are facing an uncertain future as the upcoming halving event in April 2024 threatens to squeeze their profits, according to a report by Bloomberg. The halving, which occurs…
In a significant move to bolster its Bitcoin mining capabilities, Riot Platforms, a prominent player in the mining industry, has recently announced the purchase of 33,280 cutting-edge Bitcoin miners, it…
Core Scientific, a leading Bitcoin mining company, has taken a momentous stride towards financial recovery by seeking Chapter 11 bankruptcy protection. The United States Bankruptcy Court for the Southern District…