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Tag: mining capacity

Bitcoin Mining 2022 Review: A Tough Year for Public Miners

The mining data site Hashrate Index has released a report reflecting on the state of the Bitcoin mining industry throughout 2022.  The analysis examines...

TeraWulf Issues an Open Letter from Chairman and CEO

EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic bitcoin mining facilities powered by more...

Billionaire Mike Novogratz’s Galaxy Digital To Acquire Struggling Argo Blockchain’s Main Facility

Crypto investment firm Galaxy Digital is acquiring the main facility of Bitcoin (BTC) miner Argo Blockchain for $65 million. According to Argo, billionaire Mike Novogratz’s...

Bitcoin Mining Companies Lost $4 Billion in 2022

Join Our Telegram channel to stay up to date on breaking news coverage Despite a $72 million rescue offer from creditors, concerns have been raised...

Public Bitcoin mining companies plagued with $4B of collective debt

The recent bankruptcy filing of Bitcoin (BTC) miner Core Scientific despite a $72M relief offer from creditors raised questions about the overall health of...

TeraWulf Significantly Increases Expected Q1 2023 Self-Mining Hash Rate at No Additional Cost and Announces Repayment of Certain Debt

 Bitmain Purchase Agreement Meaningfully Increases Self-Mining Capabilities by 8,200 miners (+23%) to 44,450 Owned Miners with an Expected Hash Rate Capacity of 5.0...

Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?

One of the oldest pieces of contrarian investment wisdom is to buy when there is blood in the streets. If it were that easy,...

Blockstream raising funds for mining at 70% lower company valuation

The depths of a bear market may not be the best time to raise funds but that is exactly what Blockstream is doing.The crypto...

TeraWulf Announces November 2022 Production and Operations Updates

Deployed fleet of 17,500 miners achieving hash rate capacity of 2.0 EH/s as of November 30, 2022 Cost of Power Decreased...

Marathon Nears BTC Hash Rate Target By Increasing Mining Capacity

Marathon nears BTC hash rate target after it increased the mining capacity after the latest agreement with Applied Blockchain so let’s have a closer...

Can you Still Make Money Mining Bitcoin in 2022?

<!-- --> Bitcoin mining has had an interesting journey over the past twelve years, going from home computer CPU mining from...

Can you Still Make Money Mining Bitcoin in 2023?

<!-- --> Bitcoin mining has had an interesting journey over the past twelve years, going from home computer CPU mining from...

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