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Stablecoin Issuer Tether Introduces Software for Bitcoin Mining Gears

Improved efficiency in managing mining capacity is the major goal of the new software. The tool facilitates coordination between various parts of the BTC...

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CleanSpark Buys 45,000 Bitmain Antminer S19 XPs for $144.9 Million

CleanSpark, a crypto miner, has announced the purchase of 45,000 Bitmain Antminer S19 XPs for $144.9 million, which will nearly double its current computing...

Bankruptcy Court Approves BlockFi’s $4.7M Sale of Crypto Mining Rigs

Advertisement &nbsp &nbsp The mining equipment is spread across Texas, Georgia, Kentucky, Dakota, and Norway. BlockFi was forced into bankruptcy last year due to...

SEC Sues Green United for Raising $18M from Fake Crypto Mining Operation

The U.S. Securities and Exchange Commission (SEC) has alleged that a Utah-based company violated federal securities laws by selling crypto mining equipment tied to...

CleanSpark To Continue Acquisition Spree Amid Bear Market

Bitcoin miner CleanSpark recently posted its earnings call for Q1 FY2023. The firm plans to continue buying up mining company assets to accelerate its...

Ault Alliance, Inc. Subsidiary BitNile, Inc. Moving 6,572 Bitcoin Miners Out of Texas Hosted Facility

As a result of the Compute North bankruptcy filing BitNile, Inc. determined that it is in the best interest of the business to...

Future Fintech Group Opens Paraguay-Based Crypto Mining Farm

Future Fintech Group Inc. – a developer of blockchain applications and a fintech services provider – has just finished building a new crypto mining...

Research: The Antminer profitability crisis

Bitcoin’s fall from its all-time high to a low of $15,700 has been one of the most dominating narratives this year....

Despite Setbacks, the Crypto Mining Sector Stands Firm

It would appear several crypto mining companies out there continue to either purchase or inherit machines – even though profits in the industry seem...

Nasdaq-Listed Bitcoin Miner Terawulf Reveals Firm’s Lake Mariner Site Has 12,000 Miners Deployed

Following the publicly-listed mining operation Terawulf’s announcement that the firm’s Lake Mariner mining data center is up and running with 30 megawatts (MW) of...

‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’

On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations...

CleanSpark Announced Year To Date BTC Production And Mining Facility Investment

CleanSpark announced their BTC production for 2022, producing 581 BTC, and an investment in sustainable mining Norcross facility.

Chinese authorities continue to crackdown against bitcoin miners as they seize 49 Old ASIC Antminers.

Huangpu Customs of China’s Guangdong Province has said it seized 49 old used bitcoin miners from an unnamed party that was attempting to smuggle the devices into the country. According to the local reports, the old machines will be disposed of in accordance with local regulations. According to a report published on Monday, the alleged smugglers had […]

Read full post Chinese authorities continue to crackdown against bitcoin miners as they seize 49 Old ASIC Antminers. on Chaintimes.com.

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