LAS VEGAS–(BUSINESS WIRE)–$AP #1000_Bitcoin_Mined—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”) is pleased to announce a significant miles...
Tag: mined
Hut 8 reports annual revenue decline, increase in mined bitcoins
North American crypto miner Hut 8 reported annual revenue of CA$150.7 million ($109 million) — a decrease of CA$23.1 million compared to the previous year — and a 65% increase in bitcoin holdings. ...
Sustainable sources mined over 90% of BTC during January, February
Ad Miners that use sustainable energy sources accounted for 91.3% of Bitcoin (BTC) mining during the first two months of the year, according to data shared by Climate Tech Vice President Daniel Batten...
Argo mined more bitcoins, increased revenue — despite network difficulty
The amount of bitcoin mined daily by Argo Blockchain and the mining company’s revenue increased in February. Last month, the dual-listed blockchain technology company mined 162 bitcoins or...
Argo Blockchain mined 14% more bitcoin in January
Crypto mining company Argo Blockchain increased the number of mined bitcoin from 147 BTC in December 2022 to 168 BTC in January 2023, representing a 14% increase. Argo mines more bitcoin in January I...
TeraWulf Mined More BTC in January Due to Reduced Power Costs
The US-based cryptocurrency miner TeraWulf produced 157 BTC in January, a 25.6% increase compared to December. Snow blizzards towards the end of 2022 crippled its operations and increased electricity...
Argo Blockchain mined 14% more bitcoin in January than December
Argo Blockchain’s bitcoin mining production increased 14% in January, producing 168 BTC, compared to 147 BTC in December 2022. “The increase in BTC mined was primarily due to fewer c...
Riot Mined an All-Time High of 740 BTC in January
The US-based cryptocurrency miner Riot Blockchain produced 740 BTC last month, a 62% increase compared to January 2022 and a new monthly all-time high for the company. The positive start of the year c...
Riot Just Mined The Most Bitcoin It Ever Has in a Month
Despite a reduction in its fleet of mining machines and hash rate capacity, Bitcoin mining company Riot today reported it produced 740 BTC last month, its new all-time high. This is an increase of app...
Marathon Digital Sells Mined Bitcoin for First Time to Monetize Recent Rally
The miner said in a release on Thursday that the decision was made to cover some of its expenses. “With bitcoin production increasing and becoming more consistent, we made the strategic decision...
Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among Small-Block Supporters – Bitcoin News
Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, conta...
4MB Block Mined as Ordinals NFTs on Bitcoin Cause Network Congestion
The on-chain NFT solution recently integrated on the Bitcoin network has so far sparked debate among proponents. The Bitcoin blockchain just witnessed the mining of a block close to 4MB in size amid c...
Core Scientific Mined Over 1,400 BTC in December Despite Bankruptcy Filing
One of the leading bitcoin mining companies – Core Scientific – mined 1,356 BTC in November and 1,435 BTC in December. It also boosted its self-mining hashrate from 15.4 EH/s to 15.7 EH/s. The positiv...
Hut 8 Mining mined only 161 BTC in December
Hut 8 Mining Corporation (TSX: HUT) mined 161 bitcoin (BTC) in December, their worst monthly output in 2022. The performance was the company’s second consecutive month of dropping production. Their a...
Public Bitcoin miners sold almost everything they mined in 2022
Publicly listed Bitcoin (BTC) miners sold off almost 100% of all the Bitcoin they mined throughout 2022, leading to a debate over whether the sales created “a persistent headwind” for the ...
CleanSpark mined 3,750 BTC in FY’22, BTC reserves down 40% since January
CleanSpark’s hash rate hit 6 EH/s on Dec. 21, compared to 2 EH/s on Dec. 31, 2021 — marking a 3x increase on an annual basis. The company hit its year-end goal for the hash rate and said it expects to...
Reddit breaks record for mined NFTs- The Cryptonomist
Good news for the Reddit platform, which breaks the record with the most NFTs minted on the platform, which has been in the crypto ecosystem for a while now. As many as 255,000 NFTs were minted in a s...
Today First Dogecoin Block Was Mined 9 Years Ago
– Advertisement – The Community Looked Back at DOGE’s Growth After Its Launch 9 Years Ago Today. The “original” meme coin was launched nine years ago today, and its growth and resilience d...
Bitfarms sold more Bitcoin than it mined in Q3
Bitcoin mining firm Bitfarms’ third-quarter report shows that the miner sold more BTC than it made in the quarter -the miner sold 2,595 BTC while mining 1,515 BTC. The miner focused on strengthening i...
BitNile Holdings Achieves Bitcoin Mining Production Milestone of 500 Bitcoin Mined to Date at Its Michigan Data Center
LAS VEGAS–(BUSINESS WIRE)–$AP #500_BTC_mined—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announced today that it has achieved a Bitcoin mi...
Marathon Digital Mined Twice as Much BTC in September Compared to August
The leading cryptocurrency mining company – Marathon Digital – mined 360 BTC during September, which is a significant improvement compared to the 184 BTC produced in August. The company’s total bitcoi...
Grayscale debuts Bitcoin mining investment vehicle that pays mined BTC as a dividend
Amid a prolonged crypto winter, the world’s biggest digital currency asset manager, Grayscale Investments, announced it is launching an investment vehicle that would assist investors in capitalizing ...
Bitcoin is being mined with the sun in Australia
A new solar-powered Bitcoin mining farm has opened in Australia. It is a 5-megawatt data center operated by Lumos Digital Mining. Lumos Digital Mining is an Australian company that specializes preci...
Bitfarms mined 6.8% more bitcoin in August
Bitcoin miner Bitfarms mined 534 BTC in August — a 6.8% increase from the previous month — while increasing its hashrate by 1% to 3.9 exahashes per second (EH/s). The company is close to completing th...
A hospital employee in Russia mined crypto in covid ward illegally
An employee in a state-owned hospital was using the covid ward for crypto mining. The hospital was in Gorno-Altaisk, a town in Southern Serbia. A hospital employee from Russia can go to jail for two y...
Celsius’s Request to Sell Mined BTC to Fund Operations is Approved
Despite cost concerns, a New York Bankruptcy Judge approved cryptocurrency lending company Celsius’s request to sell mined BTC. According to recent reports, a US bankruptcy court has approved the sale...
Court Approves Celsius Plea To Sell Mined BTC To Fund Operational Expenses – crypto.news
As per recent reports, a US bankruptcy court has given the crypto lending platform Celsius the green light to sell its mined Bitcoin. The company told the court that it needed the funds for its operat...
Celsius Network Cleared to Sell Mined Bitcoin to Fund Its Operations
With its bankruptcy proceedings well underway, Celsius Network’s customers are trying to point out what the green light at the end of the tunnel is. Beleaguered crypto lending platform Celsius Network...
Court Grants Celsius Network Approval To Sell New Mined Bitcoins
6 hours ago | 2 mins read Defi News Celsius mined 432.30 BTC in July, which is equivalent to nearly $10.3 million. Judge Martin Glenn of the Bankruptcy Court reached the ruling. Troubled crypto lender...
Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently – Bitcoin News
On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, t...
Celsius Gets Court Blessing to Sell Mined Bitcoin
The judge pointed to concerns the mining business won’t be immediately profitable Lender has received multiple bids to help fund its restructuring Cryptocurrency lender Celsius’ mining business has be...
New York Court rules in favor of Celsius Network to sell mined Bitcoin. More sell pressure?
A New York judge permitted Crypto lender Celsius Network to mine and sell Bitcoin (BTC) while it was in bankruptcy, less than a day after disclosing a three-month cash flow forecast that threatens to ...