El Salvador’s Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
The 241 MW site will be powered by wind and solar energy.
Mining Centers
Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software
The miner’s bitcoin production per unit of computing power was low in April.
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
Bitcoin Mining Difficulty’s Record Setting Streak Shows No Signs of Stopping
The difficulty of mining bitcoin is poised to set a new all-time high this week as miners continue to deploy new mining machines to cash in on recent spike in revenue.
Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’
The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract.
USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively.
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.
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.
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.