Bitcoin miner BItminer Factory has received support from Bosnia court UniCredit has to pay the miner nearly $144 million to the plaintiff The bank had cited various reasons to not do business with di...
Tag: Miner
What was the full year Sale of Bitcoin miner Core Scientific, crossing estimates?
Leading bitcoin miner company has achieved full-year sales on more than the amount that analysts assumed earlier. Core Scientific is said to be the largest bitcoin miner by the hash rate that is trade...
Bitcoin miner Iris Energy secures $71 million in equipment financing
advertisement The Australia-based bitcoin mining company Iris Energy has raised $71 million in debt issuance for new equipment. The company secured the deal with an NYDIG subsidiary, according to a st...
DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Bosnian court sides with Bitcoin miner in frozen bank account case
Italy’s second-largest bank UniCredit and the Bitcoin (BTC) mining farm Bitminer Factory have faced each other in the Bosnian city Banja Luka court, which decided that the bank improperly closed the c...
Is Miner Concentration Once Again Jeopardizing Bitcoin? –
The high percentage of hashrate now located in North America U.S. accounted for 35.4% of Bitcoin’s global computing power Hong Kong-based cryptocurrency miner BIT Mining halted its near-$10 million mi...
Bitcoin Miner TeraWulf’s Stock Can Rally Almost 160%, Says Analyst
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin (BTC) miner TeraWulf (WULF) is “leading ...
Billion-Pound Miner Petropavlovsk Now a Penny Stock Due to War
(Bloomberg) — Russian miner Petropavlovsk Plc extended a slump that has wiped out more than 90% of its value this year after warning that U.K. sanctions against its main lender, Gazprombank, mea...
Bitcoin Miner Revenue Grows By 7%. Here’s How Much They Made
Bitcoin miner revenue is once again on the rise. This time around, the miners have seen a significant bump in their returns from their mining activities in the space of a single week. This increase in...
US Bitcoin Miner Generates Its Own Electricity Using Waste From Coal
Stronghold Digital Mining has come up with an innovative way to generate electricity to mine Bitcoin rather than relying on the electricity network in the U.S. The company is reportedly using coal was...
Bitcoin Miner Mawson Infrastructure Group Reports 80% Q4 Revenue Jump from Q3
Mawson Group made Australia’s first Bitcoin mining operational last year and is taking measures to further scale the business this year. On Monday, March 21, Mawson Infrastructure Group – the popular ...
US Bitcoin Miner Uses Coal Waste to Generate Electricity (Report)
Pennsylvania-based cryptocurrency mining company – Stronghold Digital Mining – reportedly employs coal waste to power its hundreds of supercomputers. Thus, the company aims to use a byproduct instead ...
Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%
Canadian cryptocurrency miner Hut 8 posted mixed financial results on Thursday, as revenue and mining profitability soared while overall net income declined — underscoring a volatile end to the year f...
AMC’s Gold Miner Investment Makes Perfect Sense to the Investing Faithful
(Bloomberg) — Faithful investors who helped pull AMC Entertainment Holdings Inc. back from the financial brink are cheering its unorthodox investment in Hycroft Mining Holding Corp., a troubled ...
What Is Behind The Bitcoin Miner Expansion?
North America, and especially the United Estates, has become a top destination for the bitcoin mining industry. States such as Texas and Kentucky are racing to become the world’s mining hub. Public bi...
AMC buys stake in Nevada gold miner Hycroft Mining
Adam Aron, AMC Entertainment president and CEO. David Orrell | CNBC Movie theater chain AMC Entertainment has agreed to purchase a major stake in a Nevada gold and silver miner, the companies announce...
UPDATE: AMC to acquire 22% of gold and silver miner Hycroft in surprise move
AMC Entertainment Holdings Inc. AMC, -5.17% said Tuesday it is buying 22% of Hycroft Mining Holding Corp. HYMC, -26.06% and its 71,000 acre Hycroft Mine in Northern Nevada, that is understood to have ...
Deglobalization Creates Opportunity For Nevada-Based Lithium Miner
Lithium Mine. (Photo by Pablo COZZAGLIO / AFP) (Photo by PABLO COZZAGLIO/AFP via Getty Images) AFP via Getty Images The war in Ukraine is shrinking the world. De-globalization, an anathema only a deca...
Turquoise shares: why the Canadian miner just popped up 30%
Turquoise Hill Resources Ltd (NYSE: TRQ) shares opened 30% up on Monday after Rio Tinto plc (NYSE: RIO) proposed to buy the Canadian mineral exploration and development company for about $2.7 billion ...
Tennessee Bitcoin Miner Faces Lawsuit Over Noise Complaints
Nashville, Tennessee might be the home of American country music, but in the eastern county of Washington, residents are under aural assault by the churn of a round-the-clock Bitcoin mining operation....
A Miner who kept his Caravan warm with a Bitcoin miner
From entering Bitcoin in 2013 to losing interest and then again getting active in the industry, this cool and efficient Bitcoin miner is saving a lot of costs by his mining setup. He kept his office ...
Gas heater broke down? I’ll just heat my caravan with a Bitcoin miner
Michael Schmid first made contact with Bitcoin (BTC) in 2013; he installed Bitcoin core, mined a few BTC then bought some Bitcoin from MtGox. Schmid told Cointelegraph that shortly after the infamous ...
Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas – Mining Bitcoin News
On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement wit...
Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital – Mining Bitcoin News
The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) document...
The ASIC Bitcoin Miner From Intel Will Cost Half As Much As Most S19s And Be 15% More Efficient
The new Intel mining rigs, according to GRIID, cost $5,625 per miner. We anticipate GRIID to gain from bulk pricing because it has assured access to 25% of Intel’s production capacity. In either event...
Crypto Miner Hut 8 Teams Up With Enthusiast Gaming for Multi-Year Partnership
“As ambitious leaders at the intersection of gaming and digital asset mining, Enthusiast Gaming and Hut 8 will collaborate on new experiences and content within mobile and blockchain gaming, Web 3.0, ...
Intel ‘s ASIC Bitcoin Miner Will Cost Half, Be 15% More Effective Than Most S19s
Will the Intel ASIC disrupt the Bitcoin mining game? If Tom’s Hardware numbers are correct, the answer is an unequivocally yes. “The company’s mining hardware could have the best price-to-performance ...
Intel Releases New Bitcoin Miner Hardware Specifications
Chip manufacturer giant Intel released the technical specifications of its Bonanza Mine bitcoin miner hardware at the 2022 edition of the International Solid-State Circuits Conference (ISSCC), saying ...
Intel shows off its energy-efficient ‘Bonanza Mine’ bitcoin miner
advertisement Tech giant Intel has publicly released technical specifications of its Bonanza Mine bitcoin miner hardware. Presenting at the 2022 edition of the International Solid-State Circuits Confe...