BTC mining stocks double in a month as production ramps
While Bitcoin and Ethereum prices may have climbed lately, Bitcoin mining companies have been absolutely pumping.
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Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital.…
Blockchain’s environmental impact and how it can be used for carbon removal
Blockchain technology is on its way to being considered by organizations as a way to reduce carbon emissions and improve the environment.
U-Turn: Iran Imports $10 Million Worth of Goods in Crypto (Report)
One of the leading economies in the Middle East – Iran – reportedly made its first import order using digital assets. The initiative included goods worth $10 million and happened…
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in…
Australia-based crypto miner doubles hash rate after energizing Canadian rigs
Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”
Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July
Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market.
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator.
Antminer S19 XP dropped in a bid to swing crypto miners back into profit
Phil Harvey said that this type of miner can typically last a minimum of 36 months in a facility operated by their crypto firm Sabre56.
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million.
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