Tagged: bitcoin mining

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

Bitcoin Mining: Data Center Operator Cipher Mining Announces January 2023 Operational Update

Cipher Mining (NASDAQ:CIFR), a developer and operator of bitcoin mining data centers,  announced its unaudited production and operations update for January 2023. During the month of January, Cipher continued “to expand operations at Odessa, fund our capital expenditures out of operations and build our bitcoin… Read More

Canaan Comments on How Crypto Winter has Impacted Bitcoin (BTC) Mining Sector

As the “crypto winter” continues to drag on, Bitcoin miners are feeling the effects of the prolonged bear market. Many miners, particularly those operating at a small scale, have been forced to shut down operations due to the lack of profitability. However, for those who… Read More

Bitcoin Mining Centers Owned by Iris Energy Not Impacted by Govt of British Columbia Announcement

Iris Energy Limited (NASDAQ: IREN), an owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, recently announced that its 160MW of data center capacity is “not affected by the recent announcement by the Government of British Columbia.” On… Read More

As BTC Price Continued to Decline in 2022, Crypto Miners with Large Loan Agreements Were Forced into Selling Bitcoin: Report

2021 was quite the ride for the cryptocurrency mining industry, according to an update from Compass Mining. Financial analysts predicted $100,000 Bitcoin prices. Miners reportedly “touted huge purchase orders and deployments. And stock prices seemingly couldn’t go downward.” By the end of that year, however,… Read More

BlocksBridge Introduces TheMinerMag to Set Standards of Research for Bitcoin Mining

BlocksBridge Consulting, the consulting and advisory firm for institutions in the bitcoin mining industry, launched TheMinerMag, a data and research resource “for journalists, analysts, industry executives and anyone interested in coherent and decisive information on Nasdaq-listed bitcoin mining companies.” Additionally, BlocksBridge announced “the appointment of… Read More

Bitcoin Mining Operations Launched by Cipher Mining at Odessa Data Center in Texas

Cipher Mining, Inc. (Nasdaq: CIFR), a U.S.-based bitcoin mining company, recently announced it has commenced bitcoin mining operations at its Odessa data center in Texas. Tyler Page, CEO, said: “We are delighted to announce that our Odessa data center has begun bitcoin mining operations just… Read More

Arkon Energy Raises $28M, Completes Hydrokraft Acquisition to Expand Bitcoin Mining

Arkon Energy, which claims to be a “100% renewable” data center infrastructure company, has announced the completion of a US $28M raise. The Australia-based company has also “completed the acquisition of Hydrokraft AS, a leading renewable energy-based data center in Norway.” The Hydrokraft purchase is… Read More

Bitcoin Mining Fund to Be Established by JKL Group After Launch of US Business Operations

Leveraging the firm’s expertise in asset management and Bitcoin Mining, JKL Group is set to raise “a $50M mining infrastructure fund from family offices, HNWI, and institutional investors active in the digital assets space.” JKL Group is reportedly “the first APAC headquartered digital asset management… Read More

Bitcoin Mining Partnership Announced by SEVA to Support Development of SunPark

Blockware Solutions (BWS), which claims to be an industry “leader” in blockchain infrastructure and Bitcoin mining, is pleased to form a partnership with SEVA. Blockware Solutions has initiated a large-scale 150-megawatt development “to expand its Bitcoin mining operations in SunPark, an extension of Rock Creek… Read More

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