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Bitcoin mining

BUSINESS

Bitcoin Miner Marathon Digital Eyes 199,000 Miners, Holds over 9,000 BTC

Shawn Amick -
Marathon Digital Holdings announced its April 2022 mining production updates noting over 9,000 BTC held in reserves and plans for a total mining fleet of 199,000.
BUSINESS

Bitfarms Mined 405 Bitcoin In April, Now Holds 5,646 BTC

Shawn Amick -
Bitfarms released a bitcoin mining update detailing a 75% YoY increase in production and the custodying of 99% of total mined BTC in April.
MARKETS

Bitcoin Hash Rate, Mining Difficulty Hit New All-Time Highs

Namcios -
Bitcoin network’s hash rate and mining difficulty have both made new all-time highs while price keeps constrained in a choppy range.
MARKETS

One Step Closer To Municipal Bitcoin Permanent Funds

Marty Bent -
Fort Worth starting to mine bitcoin opens the door for more municipalities to put bitcoin mining proceeds into a permanent fund for future use.
BUSINESS

Bitcoin Miner Riot Blockchain Announces 1 Gigawatt Facility in Navarro County, Texas

Shawn Amick -
Riot Blockchain will begin developing a 1 GW facility in Navarro County, Texas expected to create 270 jobs and drive economic growth during its first phase.
BUSINESS

The Current State Of Bitcoin Mining

Sam Rule -
The trend of falling hash price will force weaker miners to unplug, find more efficient energy sources and/or sell off machines or bitcoin holdings.
BUSINESS

Fort Worth, Texas Becomes First City Government In The U.S To Mine Bitcoin

Shawn Amick -
The Texas Blockchain Council has donated three S9 bitcoin miners to Fort Worth, Texas for a six-month trial allowing the city to experience mining from within.
BUSINESS

Bitcoin Miner CleanSpark Raises $35 Million In Financing From Trinity Capital

Shawn Amick -
CleanSpark closed a $35 million, non-dilutive financing deal by collateralizing over 3,000 miners with a 9.9% interest rate to fuel growth expenditures.
BUSINESS

Flared Gas Bitcoin Mining Pioneer Crusoe Energy Raises $505 Million

Shawn Amick -
Crusoe Energy raised $505 million in a series C round led by G2 Venture Partners to help the miner expand and diversify its energy sources.
MARKETS

U.S Treasury Sanctions Russian Bitcoin Miners

Shawn Amick -
The Treasury department announced sanctions against companies and individuals who enable fiat payments or infrastructure for bitcoin mining in Russia.
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