Auto Added by WPeMatico

Bitcoin Mining Stocks Surge — Double-Digit Gains Highlight Rapid Growth in Digital Currency Sector

As bitcoin and the broader crypto market have surged, shares of publicly traded mining companies have seen substantial growth. Data shows that, in the last five days, stocks of many…

Continue ReadingBitcoin Mining Stocks Surge — Double-Digit Gains Highlight Rapid Growth in Digital Currency Sector

Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’

The anticipated Bitcoin halving and potential ETF approvals have lit “some serious fire in the cauldron" for crypto, said Zerocap investment chief Jon de Wet.

Continue ReadingCoinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’

Bitcoin miner Marathon Digital hit with another SEC subpoena

The first subpoena was given to Marathon in the third quarter of 2021, concerning whether it may have violated federal securities laws relating to its data center in Hardin.

Continue ReadingBitcoin miner Marathon Digital hit with another SEC subpoena

Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota

This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that…

Continue ReadingApplied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota

Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation.…

Continue ReadingBitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals

The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals…

Continue ReadingMarathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals

Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies

According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows…

Continue ReadingResearch Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies

Marathon Announced New Purchase of Bitmain Miners, Expects to Reach 23.3 EH/s for Early 2023

Marathon, one of the leading bitcoin mining companies in North America announced it has entered a new purchase agreement with Bitmain, a bitcoin mining machine manufacturer. This deal would allow…

Continue ReadingMarathon Announced New Purchase of Bitmain Miners, Expects to Reach 23.3 EH/s for Early 2023