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Mining
APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal.
Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan
Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said.
Cleanspark Expands Bitcoin Operations With Acquisition of Georgia Facilities in All-Cash Deal
Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to…
New Study Highlights Bitmain’s S19 Mining Rigs Dominate Bitcoin Network’s Hashrate
Coin Metrics researchers published a groundbreaking study on June 13, unveiling an innovative nonce analysis methodology for bitcoin mining. This research enables experts to dissect and identify the specific mining rigs responsible for…
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano…
Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining’s Texas Site
Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.
Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport
Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.
Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners
On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76…
Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history,…
Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay
After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining…