Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows
In Q1 2023, the bitcoin miner’s net loss per share narrowed to 1 cent, from 8 cents the previous quarter.
Bitcoin Mining
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.
Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale
The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents.
Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite
The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.
Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe
The U.S. regulatory body is probing related-party transactions that may have violated securities laws.
Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate
Cipher has an eye on hashrate of 8.2 EH/s by the end of the year.
Hut 8’s Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.
Amid Bankruptcy, Core Scientific Signs Bitcoin Mining Hosting Contracts for Almost 18,000 Machines
The miner signed deals with three firms to host rigs in sites where the Celsius Mining fleet was recently unplugged from.
Jack Dorsey’s Block Snaps Up Bitcoin Mining Chip as Intel Winds Down Production
Block’s bitcoin mining products could come as early as early next year.
Out of Compute North’s Bankruptcy Rises 300MW Bitcoin Miner With Novel Energy Offering
Born out of the ashes of the Compute North bankruptcy, the new venture aims to give clients control over their energy strategy.