BITCOIN MINING
CleanSpark (CLSK) to Announce 2024 Financial Results in Upcoming Webcast
CleanSpark Inc. (Nasdaq: CLSK) will present its fiscal year 2024 financial results through a live webcast on December 2, 2024, following market closure.
Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners
Canaan Inc. has secured a follow-on order from HIVE for 5,000 Avalon A15-194T miners, enhancing their collaboration in Bitcoin mining operations.
Canaan Inc. Expands Bitcoin Mining Operations in North America
Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.
Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion
Canaan Inc. has finalized a securities purchase agreement to bolster its digital mining operations and equipment production in North America, securing investment from a key institutional partner.
Bitfarms (BITF) Reveals Q3 2024 Financial Results Amid Strategic Expansion
Bitfarms Ltd. reports a 30% year-over-year revenue increase for Q3 2024, highlighting strategic expansions and operational enhancements despite industry challenges.
Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment
Canaan Inc. has announced a significant deal with CleanSpark, supplying 3800 Avalon A1566I miners to bolster CleanSpark's immersion mining operations, enhancing efficiency.
Bitfarms (BITF) Achieves 236 BTC in October Amid Operational Expansion
Bitfarms Ltd. reports earning 236 BTC in October 2024, with significant operational expansions and hosting agreements, despite challenges in reaching its hash rate targets.
CleanSpark Finalizes Acquisition of GRIID Infrastructure, Expands Bitcoin Mining Capacity
CleanSpark, Inc. has completed its acquisition of GRIID Infrastructure Inc., boosting its Bitcoin mining capacity and expanding its operations in Tennessee.
Riot Platforms (RIOT) Achieves Revenue Surge Amid Bitcoin Halving Challenges
Riot Platforms reports a significant 65% revenue increase in Q3 2024, driven by Bitcoin mining expansion and strategic power management despite halving impacts.
CoinShares Reports Rising Bitcoin Mining Costs and Strategic Shifts
CoinShares' Q3 report highlights increased Bitcoin mining costs, strategic shifts, and the impact of rising energy prices and market dynamics on the industry.
Bitfarms Amends Prospectus for At-the-Market Equity Offering Program
Bitfarms Ltd. updates its prospectus supplement, adjusting its at-the-market equity offering to reflect the potential acquisition of Stronghold Digital Mining, with $127 million still available under the program.
Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing
Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations.
Bitfarms and Riot Platforms Reach Settlement Agreement
Bitfarms Ltd. and Riot Platforms Inc. announce a settlement agreement ahead of the Special Meeting of Bitfarms Shareholders, with significant changes to the Board of Directors.
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.