MINING
The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.
Canaan Inc. Secures $200 Million Financing Through Series A-1 Preferred Shares
Canaan Inc. enters an agreement for $200 million financing, enhancing growth and expansion in crypto mining, with initial proceeds of $100 million received.
Riot Platforms Reports February 2025 Bitcoin Production Decline
Riot Platforms produced 470 BTC in February 2025, an 11% decrease from the previous month, due to maintenance and weather-related power curtailments, according to Riot Platforms.
MARA Reports Increased Bitcoin (BTC) Production Amidst Network Challenges
MARA Holdings announces a 4% increase in daily Bitcoin production despite challenges, including a 6% decrease in blocks won due to higher network difficulty.
Riot Platforms (RIOT) Achieves Record Revenue in 2024 Amid Bitcoin Market Dynamics
Riot Platforms reported $376.7 million in revenue for 2024, driven by strategic Bitcoin mining and acquisitions, despite challenges from the 2024 Bitcoin halving and increased global hash rates.
Core Scientific Joins Arkham's Blockchain Intelligence Platform
Core Scientific, the second-largest public Bitcoin miner, is now accessible on Arkham, enhancing transparency by identifying over 1,250 Bitcoin addresses associated with the company.
Riot Platforms (RIOT) Revamps Board and Explores AI Opportunities
Riot Platforms announces new board members and evaluates AI and HPC opportunities, aiming to enhance asset value. The company engages Evercore and Northland Capital Markets for advisory roles.
Riot Platforms Reports Increase in Bitcoin Production for January 2025
Riot Platforms announced a 2% increase in Bitcoin production for January 2025 compared to December 2024, with a total output of 527 BTC.
Riot Platforms Evaluates AI and HPC Integration at Corsicana Facility
Riot Platforms is assessing the use of its Corsicana Facility’s power capacity for AI and HPC, pausing Bitcoin mining expansion to focus on potential partnerships.
Bitcoin Miners Shift to AI and HPC Amid 2024 Halving Impact
Following the 2024 Bitcoin halving, miners are diversifying into AI and HPC to stabilize revenue streams, leveraging existing infrastructure to meet AI's growing demand.
Canaan Inc. Reports December 2024 Bitcoin Mining Updates and FY2025 Financial Outlook
Canaan Inc. reveals its December 2024 bitcoin mining performance and outlines financial projections for FY2025, aiming for significant revenue growth and mining expansion.