Tag: mining capacity
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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...