Bitcoin Miner


Finance

Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May

A slump in miner reserves indicates potential selling pressure, according to CryptoQuant.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Finance

Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan

The world's largest crypto mining machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Applied Digital Stock Surges 12% After Announcing Its Third AI Deal

Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service.

https://www.hpe.com/us/en/newsroom/press-release/2023/06/hewlett-packard-enterprise-unveils-ai-cloud-for-large-language-models.html

Finance

APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M

APLD shares surged on Nasdaq after the firm announced its second AI cloud hosting deal.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Tech

Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software

The spike in bitcoin mining is likely due to its mining machines producing at higher capacity than April.

Marathon Digital CEO Fred Thiel (CoinDesk)

Policy

Environmental Groups Call on US Government to Implement Stringent Bitcoin Mining Regulations

Local and national activists are banding together to limit what they consider are the industry's adverse effects on the environment.

Power plant in New York (2020 Roy Rochlin/Getty Images)

Policy

Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies

Canaan has until May 25 to dispute its inclusion, which could eventually force its delisting from the Nasdaq.

Beijing's Forbidden City. (Ling Tang/Unsplash)

Finance

Bitcoin Miner CleanSpark Raises $35M in Equipment-Backed Debt From Trinity Capital

Equipment-based financing is becoming an increasingly popular option for mining firms to fund their growth.

A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)

Finance

Hut 8 in Deal to Become 100% Self-Mining Company

The digital asset miner will buy out all hosted rigs at its Medicine Hat mining facility in Alberta.

Hut 8 plant