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.
CleanSpark Expands Bitcoin Mining Operations with New Sites in Mississippi and Wyoming
CleanSpark Inc. acquires two Bitcoin mining sites in Mississippi and closes on its second site in Wyoming, significantly boosting its operational capacity.
ASIC Arms Race Continues Unabated with No End in Sight
The ongoing depreciation challenge faced by ASIC owners as technological advancements in mining equipment persist, according to CoinShares.
Bitfarms (BITF) Reschedules Special Shareholders Meeting Amid Riot Engagement
Bitfarms reschedules its special shareholders meeting to November 6, 2024, to address Riot's amended requisition. The meeting will be held in-person.
Bitcoin (BTC) Miners Face Challenges and Adaptations Post-Halving
Since the April 2024 Bitcoin halving, miners have faced profitability challenges, prompting new strategies including diversification into AI and renewable energy.
Riot Platforms Reports August 2024 Bitcoin (BTC) Production and Operational Highlights
Riot Platforms announced the production of 322 Bitcoin (BTC) in August 2024 and surpassed 10,000 Bitcoin held, detailing significant operational updates.
Russia Legalizes Crypto Mining and Payments Amid Sanctions
In response to Western sanctions, Russia has enacted legislation legalizing cryptocurrency mining and international payments, a strategic pivot aimed at mitigating economic pressures.
Bitfarms to Participate in H.C. Wainwright’s 26th Annual Global Investment Conference
Bitfarms will attend H.C. Wainwright’s 26th Annual Global Investment Conference in NYC, featuring CEO Ben Gagnon on a Bitcoin Mining Panel.
Marathon Digital Holdings Reports August 2024 Bitcoin (BTC) Production Update
Marathon Digital Holdings reports an 11% increase in hash rate and 2% decrease in blocks won for August 2024, highlighting operational improvements and future goals.
Bitfarms Reports August 2024 Production and Strategic Expansion
Bitfarms announces acquisition of Stronghold Digital Mining, reports August 2024 BTC production, and outlines significant expansion plans.
Bitfarms Expands U.S. Operations with Control of Sharon, PA Data Center
Bitfarms Ltd. has assumed control of its first large-scale site in the U.S., increasing its American footprint from 20 MW to 140 MW.