Bitcoin Miner Hut 8 Secures 205 MW Power Agreement in Texas
Bitcoin miner Hut 8 Corp. has entered into a definitive power purchase agreement for a site in West Texas. The agreement provides Hut 8 with 205 megawatts of power capacity,…
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Bitfarms Leadership Change: Ben Gagnon Named CEO
Bitfarms Ltd. (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer, effective immediately. Gagnon, previously chief mining officer, has significantly contributed to Bitfarms’ growth…
Latam Insights Encore: Paraguay Anti-Bitcoin Mining Stance Is a Net Negative for the Nation’s Development
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the possible outcomes of the war…
Very Few Bitcoin Mining Machines Profitable Below $56,000: F2Pool Data
On July 5th, Bitcoin fell below $54,000, experiencing a decline of over 6% in the past 24 hours due to increasing bearish pressure. The market downturn intensified after Mt. Gox,…
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6…
CleanSpark Surpasses 20 EH/s Milestone, Mines 445 BTC in June
CleanSpark Inc. has achieved a milestone, mining 445 Bitcoin (BTC) in June and surpassing its mid-year operational hashrate target of 20 exahashes per second (EH/s). This achievement follows the acquisition…
This Crypto Miner Backed By SBF’s Alameda Research is Exploring IPO in US
Crypto mining firm Genesis Digital Assets – backed by Sam Bankman-Fried’s fallen hedge fund, is reportedly mulling over an initial public offering (IPO) in the US as the crypto sector…
Northern Data, European Bitcoin Miner, Explores IPO for US AI Unit (Report)
Northern Data AG, a German firm specializing in high-performance computing infrastructure, is evaluating the possibility of launching a U.S. initial public offering (IPO) for its AI cloud computing and data…
Selling Pressure From Bitcoin Miners is Decreasing, What Does This Mean?
Over the last few weeks, bitcoin (BTC) has failed to benefit from a favorable macroeconomic climate that has triggered significant rallies in equities. Analysts attribute this to supply overhang stemming…
LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that…
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