Bitcoin Miner Hive Blockchain Holds $68M of BTC, Has no Debt Costs on Equipment
"We are very happy to be producing over 300 Bitcoin per month, which is about 1% of the global network, even when network difficulty is at an all-time high. We…
"We are very happy to be producing over 300 Bitcoin per month, which is about 1% of the global network, even when network difficulty is at an all-time high. We…
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"We are executing on the strategy we outlined during our second-quarter earnings announcement in August – to rapidly delever our balance sheet and enhance liquidity, and we are actively pursuing…
Compass will host about 9,000 Antminer S19 XP and S19j Pro units at the facility on behalf of its clients starting in the fourth quarter of this year, according to…
Most recently, CleanSpark bought competitor Mawson Infrastructure Group’s (MIGI) mining facility in Sandersville, Georgia, and 6,468 latest-generation mining rigs for up to $42.5 million. The company also purchased 10,000 new…
October witnessed a surge in Bitcoin’s hash rate, which is pushing the metric to a new high of 245 exahashes per second. These changes led to a sharp decrease in the…
"The contract with BitFuFu was signed in late 2021 at the height of the bitcoin market as a fixed price contract with no allowances for market price adjustments," and it…
Some in the BSV community said miners were within their rights to mine empty blocks and were simply doing so because an economic decision had them deem the block subsidy…
The end of Stronghold's deal with Northern Data will eliminate all profit sharing obligations, which it estimates would have been $10 million-$25 million (depending on the price of bitcoin) until…
In addition to issuing 87 million shares, which equates to around 15% of the business, Argo announced the sale of 3,400 Antminer S19 J Pro miners to a third party…