MINING
Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024
Canaan Inc. (NASDAQ: CAN) reports a significant 120.9% year-over-year revenue increase for Q3 2024. The company sold 7.3 million Thash/s computing power, despite a challenging market.
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.
Binance Pool Introduces Merged Mining with Fractal Bitcoin (FB) Rewards
Binance Pool launches merged mining, allowing users to mine Bitcoin (BTC) and earn rewards in Fractal Bitcoin (FB). The service does not guarantee a token listing on Binance.
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 Enhances Avalon Miner A15 Series for Optimal Mining Performance
Canaan Inc. has unveiled an upgraded Avalon Miner A15 series, boasting improved hash rates and power efficiency to meet the growing demands of cryptocurrency mining.
Riot Platforms Expands Bitcoin (BTC) Production in October 2024
Riot Platforms reports a significant increase in Bitcoin production and hash rate deployment for October 2024, highlighting operational efficiency and expansion plans.
Marathon Digital Holdings Reports October 2024 Bitcoin Production Increase
Marathon Digital Holdings reports a 14% increase in hash rate and a 2% rise in Bitcoin production for October 2024, signaling growth amid rising network difficulty.
Binance Launches 'Word of the Day' Game Featuring Crypto Mining
Binance introduces a new 'Word of the Day' game focusing on crypto mining, offering users a chance to win Binance Points. The game aims to enhance crypto vocabulary.