Tag: mining capacity
Breaking News
Bitcoin Miner Hut 8 Shares Plummet 8% After Disappointing Q2 Revenue Figures – Decrypt
Shares of Toronto-based Bitcoin Mining firm Hut 8 (TSX: HUT) fell 8% on Monday shortly after posting underwhelming Q2 earnings figures.The firm said it...
Core Scientific Announces July 2023 Production and Operations Updates
Operated approximately 210,000 owned and colocated bitcoin miners
Produced 1,022 self-mined bitcoin and 493 bitcoin for colocation customers
AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ)...
Core Scientific, Inc. Appoints Adam Sullivan as CEO to Lead the Company’s Next Phase of Growth
Sullivan’s contributions as President have strengthened the organization and enhanced its operational excellence
AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or “the...
Why Texas Is on Cutting Edge of Crypto Mining – CryptoCurrencyWire
Texas has become a significant crypto-mining hub globally, mostly as a result of its fortunate combination of inexpensive electricity and a forgiving regulatory climate....
Are Bitcoin halvenings priced in? Understanding the price effects of Bitcoin’s supply cut
Key Takeaways
Bitcoin has historically performed robustly in the year following a halvening event
However the sample size...
UAE’s Quest to Dominate Bitcoin Mining – Investor Bites
SNEAK PEEK
The UAE has become a fast-growing Bitcoin mining hub in the Middle East. Large-scale projects led by Abu Dhabi’s sovereign wealth fund...
Riot Platforms Buys 33,280 Mining Gears for Whopping $162.9M
The purchase of the mining rigs is well ahead of Bitcoin’s next halving cycle. Unfortunately, the equipment isn’t scheduled to arrive until December.
One...
A New Bitcoin Mining Giant Prepares to Enter the Fray – Decrypt
Major Bitcoin miners Hut 8 Mining and U.S. Bitcoin Corp are set to merge to create a North American crypto mining giant. If all goes...
Bhutan Embraces Bitcoin Mining with Green Energy
Bhutan, the small Himalayan kingdom, has been quietly accumulating and mining Bitcoin since April 2019. The country of less than 800,000 people is leveraging...
Bhutan’s Bitcoin Boom: How the Himalayan Kingdom is Harnessing Hydropower for Crypto Mining
Beneath the towering peaks of the Himalayas, Bhutan, a small kingdom known for measuring Gross National Happiness, hides a tech-driven secret: a thriving Bitcoin...
Russia is 2nd biggest Bitcoin miner after U.S.: report
Russia is now the second largest Bitcoin miner after the U.S., according to a report by Russian media Kommersant. Russia’s new ranking comes amid moves...
Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus
Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus Cryptomine facility. The behind-the-meter bitcoin mining...