Tagged: bitcoin mining

Bitcoin Mining: Deutsche Telekom Unit MMS, Bankhaus Metzler to Test BTC Mining Infrastructure

Deutsche Telekom subsidiary MMS, in collaboration with Bankhaus Metzler, is launching a pilot project to operate a Bitcoin mining infrastructure using surplus energy. The mining is intended to be powered by electricity from renewable energy sources, which would otherwise “remain unused” due to “insufficient” grid… Read More

Bitcoin Mining Firm Riot Platforms Shares Latest Business Update

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant supporting vertically integrated Bitcoin mining, reported financial results for the three-month period ended June 30, 2024. Jason Les, CEO of Riot said: “I am extremely pleased to present results for Riot’s second quarter 2024, during which we… Read More

Bitdeer Announces Research and Development Tech Roadmap for SEALMINER Bitcoin Mining Machine

Bitdeer Technologies Group (Nasdaq: BTDR), a technology company for blockchain and high-performance computing, announced its research & development (R&D) technology roadmap for the SEALMINER Bitcoin mining machine. This disclosure reaffirms the company’s ongoing commitment “towards driving greater transparency in the mining industry.” In the dynamically… Read More

Marathon Digital Holdings Releases Bitcoin (BTC) Production and Miner Installation Updates

Marathon Digital Holdings, Inc. (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, has released unaudited bitcoin (BTC) production and miner installation updates for May 2024. Fred Thiel, Marathon‘s chairman and CEO said: “The strength of our MARA… Read More

Bitcoin Mining Industry Report Reveals Current State of BTC Miners and Ecosystem After April 2024 Halving

The highly-anticipated fourth Bitcoin halving occurred a little after 8:09 p.m. ET on Friday April 19, 2024. Initially, Bitcoin traded flat in “the immediate aftermath of the halving, holding steady around $63,000, but finished the month at $60,636, a drop of 15% on the closing… Read More

Web3 and Bitcoin Mining Focused Firm Auradine Reportedly Secures Financing via Series B

Auradine, a provider of web infrastructure solutions, including blockchain, security, and AI,  announced the closing of its Series B funding round, which raised over $80 million. The investment round welcomed several new investors, “including StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick Capital,… Read More

Bitcoin Futures Open Interest Reaches New High, BTC Mining Revenue Sets All-Time High – Report

Open interest for Bitcoin futures, as indicated by recent activity on centralized crypto exchanges, has recorded a new high, a trend that points to a boost in overall trading volumes across the largest cryptocurrency in terms of market cap and global adoption. CoinGlass data reveals… Read More

Bitcoin Mining Firm Marathon Digital Introduces Solution to Enhance Data Center Operations

Marathon Digital Holdings, Inc. (NASDAQ:MARA), one of the world’s largest publicly traded Bitcoin miners and a key player focused on supporting and securing the Bitcoin ecosystem, announced MARA 2PIC700, a two-phase immersion cooling system built to transform data center operations with power, density, and efficiency…. Read More

Bitcoin Mining focused BitOoda Teams Up with Real Estate Firm Newmark

BitOoda, a digital investment bank, entered a partnership with Newmark, a commercial real estate adviser, that will allow the firms to combine their expertise and relationships across the AI, data center, and Bitcoin mining industries. The partnership will enable BitOoda and Newmark to “serve clients… Read More

Canada: BIGG Digital Assets Onboards Publicly Traded Bitcoin Mining Firm as OTC Trading Client

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group and TerraZero is pleased to announce that it has on-boarded one of “the largest publicly traded Bitcoin Mining companies as an OTC Trading Client –… Read More

BTC Adoption: Blockstream Announces Series 2 Launch of Bitcoin denominated Investment Vehicle

Blockstream, the global firm focused on Bitcoin infrastructure technology, has  announced the upcoming Series 2 launch of its Bitcoin-denominated investment vehicle, the Blockstream ASIC (BASIC) Note. As stated in a blog post by Blockstream, here ar ethe Key Facts: Series 1 was oversubscribed, demonstrating strong… Read More

Bitcoin and Crypto Mining Sector Growing Steadily with Over a Dozen Publicly-Traded Mining Firms – Report

In the State of the Network report, Coin Metrics continues their focused series on Bitcoin mining, spotlighting data across the crypto mining ecosystem. According to the Coin Metrics update, mining stands as “one of the most intriguing parts of the digital assets industry, often capturing… Read More

BTC Adoption: Marathon Digital Announces Energization of Bitcoin Mining Pilot Project Powered by Renewable, Off-Grid Energy

Marathon Digital Holdings, Inc. (NASDAQ:MARA), a firm focused on supporting and securing the Bitcoin ecosystem, has entered into an agreement with Nodal Power, a company that develops and operates renewable energy assets, “specifically in the biogas space, to launch a 280 kW Bitcoin mining pilot… Read More

Bitcoin and Crypto Mining Stocks Rebounded in 2023 Alongside BTC Price, But Other Long-Term Challenges Remain – Report

Parker Merritt and Kyle Waters from Coin Metrics have provided a close examination of the current Bitcoin mining landscape through the lens of their extensive data. Despite a flat BTC market in the back half of Q3 as spot ETF chatter quieted, hashrate continued “to… Read More

Bitcoin Mining: Riot Platforms Issues Statement in Response to Inquiries Regarding Power Strategy After August Update

Riot Platforms, Inc. (NASDAQ: RIOT), a firm focused on Bitcoin mining and data center hosting, issued a statement in response to recent inquiries regarding its power strategy following its August monthly operations update. In particular, “on September 6, 2023, CNBC published a story titled Texas… Read More

Bitcoin (BTC) Mining Firm Riot Platforms Releases Latest Financial Results

Riot Platforms, Inc. (NASDAQ: RIOT), which claims to be an industry leader in Bitcoin (BTC) mining and data center hosting, reported financial results for the three-month period ended June 30, 2023. The unaudited financial statements and accompanying presentation materials are available on Riot’s official website…. Read More

Bitcoin, Crypto Mining: Sygnum’s Hashrate backed Loan Accelerates Green Digital Currency Mining

Sygnum and SATO Technologies are renewing this innovative green financing solution to grow the global ecosystem of carbon-neutral crypto miners. Sygnum provides cash loans “to green crypto miners who pledge a pre-defined portion of their computational mining power, then sells the mined coins to repay… Read More

Bitcoin Hashrate Continues Upward Trend, as Investors Anticipate Next Catalyst to Drive BTC, Crypto Price Movements: Report

Bitcoin’s hash rate, which is an estimated measure of “how fast the aggregate computational resources supporting the network is guessing solutions to new blocks,” has been on an upward ascent for much of the year, the NYDIG Research team noted. Although that might make sense… Read More

Bitcoin Mining Data Center Firm Cipher Mining Announces May 2023 Operational Update

Cipher Mining Inc. (NASDAQ:CIFR) has released its unaudited production and operations update for May 2023. Key Highlights for May 2023 are: BTC Mined: 493 BTC Sold: 513 BTC Held: 407 Deployed Mining Rigs” 59,000 Month End Operating Hash Rate: (EH/s) 6.0 During the month of… Read More

BTC Adoption: BIT Mining, Chain Reaction to Produce Bitcoin Hashing Systems

BIT Mining Limited (NYSE: BTCM), a technology-driven cryptocurrency mining company, today announced that it has entered into a collaboration with Chain Reaction, a semiconductor company focused on disruptive blockchain and privacy hardware, to produce next-generation systems for bitcoin mining. The systems, expected “to launch later… Read More

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