Transocean stock has been on a tear, to the point where many investors would think about taking some money off the table. But Chairman Chad Deaton just bought more shares of the offshore-drilling comp...
Tag: RIG
Canaan (CAN) Q4 revenue Down by 82%: Can Mining Rig Maker Recoup?
Canaan revealed an 82% revenue drop in the Q4 report. Its shares dropped by 3.83% on Wednesday. The Beijing-based crypto mining rig maker, and a leading high-performance computing solutions provider, ...
An Offshore Oil Rebound Is Under Way. It’s Lifting These Stocks.
Text size Spending on offshore oil drilling is expected to rise in coming years. Carina Johansen/Bloomberg Offshore oil drilling has been growing slowly in recent years as energy companies have hesita...
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons – Bitcoin News
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing date...
Can the PS5 Be Used As a Mining Rig?
Cryptocurrency mining is nowadays a largely demystified process. However, the hunt to find easy, profitable ways to mine is still on. Crypto farms with the power usage of a small city are not everyone...
Japan’s major utility provider partners with local mining rig maker
TEPCO, a Japanese utility company behind the Fukushima nuclear reactor, partnered with local mining rig developer Triple-1 to offer its extra energy for mining. In a recent announcement, TEPCO confir...
Assembling a crypto mining rig for beginners
With the rapid expansion of the cryptocurrency industry, despite its occasional setbacks, an increasing number of people want to earn crypto for themselves through mining it, but not everyone is as te...
Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash – Mining Bitcoin News
On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 se...
Bitmain Drop Mining rig Prices due to Bearish Market and High energy cost
Bitmain dropped rates of Mining rigs because of the volatile crypto market. Bitmain did not disclose the original prices of rigs before the discounted price. Bitmain crypto mining rig manu...
World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices – Mining Bitcoin News
The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. Th...
Iran: Recent crypto-mining rig seizures fuel new call for regulations
Over the last five months, Iran has seized more than 9,400 cryptocurrency mining equipments, while also dealing with power outages over the summer. According to Iran International and Kambiz Nazerian,...
Canaan’s Mining Rig Stock Price Surging Up in Q2
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Crypto Casinos Are ‘Impossible to Rig Because the Game Is Hosted on a Blockchain’ — Online Casino Reviewer – Interview Bitcoin News
According to an igaming expert, Keane Ecclestone, crypto casinos are increasingly popular with bettors that value their privacy and security. While some perceive crypto casinos to be riskier than trad...
Enverus Lowers Oil Price Forecast, Rig Count Drops Amid Record Industry Profits
A new report from energy analytics and intelligence firm Enverus projects oil prices to continue to … [+] decline through the end of 2022. getty In the latest signal of a faltering oil market, e...
Why driving big rig trucks is a job fewer Americans dream about doing
A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images In April, Walmart made headlines by announcing that it will pay its private fl...
Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts
The Las Vegas-based, sustainable bitcoin miner said in a statement that the machines will add over 252 petahashes per second (PH/s) of hashrate to CleanSpark’s bitcoin mining capacity, once fully depl...
Whales Rig Ape Vote on ETH Migration – Trustnodes
A vote by ApeDAO on whether to leave ethereum for another blockchain is currently set to pass with 51% in favor and 48% against in an indication of just how divided apes are on the matter. However 74%...
Marathon Kicks Off Bitcoin Miners’ Earnings With Focus on Rig Deployment, Funding
For its part, Jefferies’ Petersen is looking for updates on how the company plans to relocate its mining machines away from a site in Hardin, Mont. that is powered by coal, to a site with more renewab...
Nikola’s Electric Big Rig Beats Delayed Tesla Semi To Market
Newly built Tre BEV trucks awaiting shipment to customers from Nikola’s Coolidge, Arizona, plant. Nikola Inc. Nikola Inc., which aims to be a leader in battery- and hydrogen-powered heavy trucks...
Baker Hughes reports a weekly climb in the U.S. oil-drilling rig count
Baker Hughes BKR, +1.12% on Friday reported that the number of active U.S. rigs drilling for oil was up by seven to 531 this week. That followed a decline of three oil rigs the week before, Baker Hugh...
NSAV Partners with MNC to Launch First Multi-token Blockchain Home Mining Rig HIVE
Net Savings Link, Inc. (OTC Pink: NSAV), a technology services company for the digital asset industry, announced Thursday a partnership with Metaverse Network LLC (MNC) to release HIVE, the first mult...
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program – Mining Bitcoin News
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in ...
Bitmain Rolls Out More Powerful And Energy-Efficient Bitcoin Mining Rig To Date
Liquid-cooled mining machines from Chinese chipmaker Bitmain have been unveiled. The S19 XP HYD is expected to be one of the company’s most energy-efficient models ever. The new mining setup employs l...
Bitmain Reveals New Liquid-Cooled ASIC Mining Rig With 255 TH/s of Computing Power – Coinotizia
Leading ASIC mining device manufacturer Bitmain has revealed a new bitcoin miner that’s even faster than the company’s last machine, which boasts 198 terahash per second (TH/s). The latest model, call...
Bitmain Reveals New Liquid-Cooled ASIC Mining Rig With 255 TH/s of Computing Power – Mining Bitcoin News
Leading ASIC mining device manufacturer Bitmain has revealed a new bitcoin miner that’s even faster than the company’s last machine, which boasts 198 terahash per second (TH/s). The latest model, call...
Intel Unveils New Bitcoin Mining Chip and 3,600-Watt Mining Rig
At this year’s International Solid-State Circuits Conference (ISSCC), Intel shared tech details for its first-generation “Bonanza Mine” (BMZ1) blockchain accelerator chip, which it recently star...
A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device – Mining Bitcoin News
The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly...