Generative Data Intelligence

Tag: mining capacity

US Bitcoin Corp Stockholders Approve Transformational Business Combination with Hut 8

MIAMI–(BUSINESS WIRE)–Today, U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp (USBTC) is thrilled to announce that its stockholders have overwhelmingly voted in favor...

Core Scientific Announces October 2023 Production and Operations Updates – TheNewsCrypto

Operated approximately 199,000 owned and colocated bitcoin miners Produced 910 self-mined bitcoin and an estimated 417 bitcoin from colocated miners AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc....

Core Scientific Announces Agreement in Principle with Key Constituencies in its Chapter 11 Cases

Company, Ad Hoc Noteholder Group and Equity Committee reach agreement in principle with respect to the economic terms of a proposed plan of reorganization Parties...

Cryptocurrency Bans Explained: Which Countries Have Restricted Crypto And Why? – CryptoInfoNet

As a digital form of currency that operates independently of any central authority, cryptocurrencies have gained attention in recent years – both from proponents...

Bitcoin Miner Iris Energy Jumps 9% as It Boosts Mining Capacity Ahead of Bitcoin Halving – Decrypt

With Bitcoin’s highly anticipated “halving” event only 6 months away, Canada-based Bitcoin mining firm Iris Energy has announced another major expansion to its computer...

Bitmain to Invest $54 Million in Core Scientific, Inc. as Part of New Supply Contract

Bitmain will supply Core Scientific with 27,000 latest generation bitcoin miners and signs new hosting agreement HONG KONG–(BUSINESS WIRE)–$CORZQ #bitcoin—World Digital Mining Summit – Core...

Core Scientific Announces August 2023 Production and Operations Updates

Operated approximately 206,000 owned and colocated bitcoin miners Produced 965 self-mined bitcoin and an estimated 403 bitcoin from colocated miners AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc....

HIVE’s 38,000 Nvidia GPUs Set to Power the Cloud

Since the end of Ethereum mining in September 2022, former crypto mining firm HIVE Digital Technologies has been transforming its considerable GPU resources into...

Mawson Infrastructure Group Inc. Reports Q2 2023 Financial Results

Selected Unaudited Financial Highlights for Q2 FY 2023 Total Revenue of $10.6 Million Self-Mining revenue of $4.9 Million and Hosting revenue of $4.6 Million Self-mined Bitcoin revenue...

US Bitcoin Corp Announces July 2023 Production and Operations Updates

MIAMI–(BUSINESS WIRE)–U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC” or “the Company”), a leading operator of large-scale data centers for new-age workloads...

Hut 8 Q2 2023 Report: $19.1 Million Revenue with 9,136 Self-Mined Bitcoin in Custody

On August 14, 2023, Hut 8 Mining Corp, one of North America's major pioneers in the mining of digital assets, released its financial results...

Hut 8 Reports Decline in Q2 Revenue

The Canadian-based Bitcoin mining firm Hut 8 has released its financial results for the second quarter of 2023, revealing a decline in revenue and low mining...

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