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CryptoCurrency
Bitcoin Miners See Strong Production Increases in September
Marathon Digital achieved a remarkable increase of 245% in Bitcoin production.
Bit Digital experienced a decline in Bitcoin production due to a maintenance outage.
Thursday, 05/10/2023 | 06:37 GMT
by
Tareq Sikder
CryptoCurrency
Hut 8 Reports Decline in Q2 Revenue amid Low Mining Output
The company's revenue declined 56% year-over-year during the quarter.
The decline was contributed by the closure of the miner's North Bay facility.
Monday, 14/08/2023 | 18:01 GMT
by
Jared Kirui
CryptoCurrency
HIVE Blockchain Crypto Production Falls in June to 259 BTC
HIVE produced 259 Bitcoins in June, which is less than the previous month.
The company maintained an average of 3.3 Exahash of Bitcoin mining capacity.
Monday, 10/07/2023 | 07:18 GMT
by
Damian Chmiel
CryptoCurrency
Argo Blockchain Turns £194M in Loss as BTC Price Tumbled in 2022
The revenue of the company declined 36 percent.
It strengthened its balance sheet with the sale of the Helios facility.
Friday, 28/04/2023 | 08:58 GMT
by
Arnab Shome
CryptoCurrency
HIVE Blockchain Produces More BTC in March 2022 despite Rising Mining Difficulty
HIVE mines more Bitcoin than in January and February 2023.
The more robust numbers were achieved despite the record-high mining difficulty.
Monday, 17/04/2023 | 08:24 GMT
by
Damian Chmiel
CryptoCurrency
Hut 8 Loss Deepens Despite Higher Mining Rate
The company was able to mine 928 bitcoins.
Despite increased production, the net loss is deepening.
Thursday, 10/11/2022 | 14:02 GMT
by
Damian Chmiel
News
Argo Blockchain Sees 2,033% Jump in 2021 Net Income
The company benefited from the reduced hashrate last year.
It is expecting to kick off operations at Helios in May.
Thursday, 28/04/2022 | 06:53 GMT
by
Arnab Shome
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CryptoCurrency
BitNile Mines 31.7 BTCs in March as Miner Count Doubles
At $46,305.11 per BTC, BitNile mined $1,467,900 in bitcoins in March.
BitNile is eyeing 2.24 EH/s in production capacity.
Monday, 04/04/2022 | 07:04 GMT
by
Solomon Oladipupo
News
Hut 8 Posts Revenue of $173.8 Million in 2021
The company increased its Bitcoin holdings significantly last year.
Adjusted EBITDA climbed to $96.6 million in 2021.
Thursday, 17/03/2022 | 13:09 GMT
by
Bilal Jafar
CryptoCurrency
Digital Power Optimization Raises $2.5M in Funding Round Led by NYDIG
Digital Power Optimization and NYDIG have partnered to transform bitcoin mining.
The investment will help redefine power consumption in the energy sector.
Thursday, 10/02/2022 | 09:19 GMT
by
Nicholas Otieno
CryptoCurrency
Riot Blockchain Announces 458 Bitcoins Mined in January 2022
Riot Blockchain mined 458 Bitcoins in January 2022, 7.8% up from December 2021
The mining firm expects to increase its hashrate capacity of around 12.8 EH/s
Sunday, 06/02/2022 | 10:17 GMT
by
Nicholas Otieno
News
HIVE’s Bitcoin Equivalent Production in January Reaches 425 BTC
The company produced 13.7 BTC equivalent per day on average during the last month.
As of 31 January 2022, HIVE holds 2,043 Bitcoin.
Friday, 04/02/2022 | 07:08 GMT
by
Bilal Jafar
CryptoCurrency
BitNile Releases January's Bitcoin Production and Mining Operations Report
BitNile saw an increase of its bitcoin mining production.
The crypto mining firm plans to expand its facilities.
Thursday, 03/02/2022 | 07:19 GMT
by
Nicholas Otieno
CryptoCurrency
BitFuFu Announces Plans to Go Public in US via SPAC
BitFuFu, a Hong Kong-based cloud mining platform, plans to go public in the US.
The company, merging with Arisz Acquisition Corp, is targeting a $1.5 billion valuation.
Tuesday, 25/01/2022 | 16:02 GMT
by
Nicholas Otieno
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CryptoCurrency
Vortex Brands Purchases Additional 8 S19j Pros Crypto Mining Machines
Vortex Brands has ordered additional crypto machines.
The company plans to expand its bitcoin mining operations.
Monday, 24/01/2022 | 17:47 GMT
by
Nicholas Otieno
CryptoCurrency
Core Scientific Debuts on the Nasdaq after It Completed SPAC Merger
Core Scientific went public on January 20.
The debt came after the Bitcoin mining firm merged with a SPAC.
Friday, 21/01/2022 | 16:11 GMT
by
Nicholas Otieno
CryptoCurrency
European Regulator Calls for Effective Ban on Proof-of-Work Crypto Mining
Erik Thedéen calls for a ban on Bitcoin mining.
The regulator is advocating for a shift to more efficient technology.
Thursday, 20/01/2022 | 01:43 GMT
by
Nicholas Otieno
CryptoCurrency
Intel Plans to Launch Bitcoin-Mining ‘Bonanza Mine’ Chip
Intel plans to enter into the Bitcoin mining hardware business.
Intel soon competes with bitcoin mining giants like Bitmain.
Tuesday, 18/01/2022 | 18:53 GMT
by
Nicholas Otieno
CryptoCurrency
Iran Closes Crypto Mining Operations to Prevent Winter Blackouts
Iran orders temporary shutdown of crypto mining operations.
Crypto mining still accounts for a large amount of national energy usage
Tuesday, 28/12/2021 | 07:36 GMT
by
Nicholas Otieno
CryptoCurrency
Creek Road Miners Buys 600 Bitcoin Mining Machines from Bitmain
Creek Road Miners buys 600 Antminers to expand its crypto mining capabilities.
An increasing number of firms continue to demand crypto mining machines.
Friday, 24/12/2021 | 07:06 GMT
by
Nicholas Otieno
CryptoCurrency
Debunking 5 Myths to Help You Understand Bitcoin’s Mining Sustainability
Bitcoin mining consumes a massive amount of energy, but, the cheapest sources of energy remain sustainable sources.
Monday, 04/10/2021 | 17:23 GMT
by
Guest Contributors
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News
Bitmain Suspends Sales amid China’s Crackdown on Crypto Mining
A company spokesman did not comment if the rig maker will resume the business.
Thursday, 24/06/2021 | 20:24 GMT
by
Felipe Erazo
News
Iran Bans Cryptocurrency Mining during Summer Season
The country banned Bitcoin and crypto mining ahead of its peak electricity demand season.
Wednesday, 26/05/2021 | 09:45 GMT
by
Bilal Jafar
News
Chinese Province Proposes to Blacklist Illegal Bitcoin Miners
The ruling punishes internet cafes and providers who are engaged in crypto-related mining activities.
Tuesday, 25/05/2021 | 17:33 GMT
by
Felipe Erazo
News
Riot Blockchain Buys America's Largest Bitcoin Mining Facility for $651M
The facility is now producing 300 mW of power, which can be upped to 750 mW.
Thursday, 08/04/2021 | 15:30 GMT
by
Arnab Shome
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