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Tag: mining capacity

Cathedra Bitcoin and Kungsleden Inc. Announce Merger to Create an Infrastructure Company for the Digital Economy

Transaction is intended to create a scaled, vertically integrated, and diversified bitcoin mining and hosting business with an expected 4.8 EH/s of hash rate...

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Riot Platforms Posts $281 Million Revenue from Bitcoin Mining in 2023 

Riot Platforms reported record revenue of $280.7 million and produced 6,626 BTC in 2023. Riot Platforms increased its hash rate capacity to 12.4 EH/s and...

Bitcoin Versus Gold: Battle Of The Titans – Which ETF Dominates The Investment Arena? – CryptoInfoNet

Bitcoin has emerged as a revolutionary asset, often hailed as the “Digital Gold,” challenging traditional investment norms and reshaping the global financial landscape. Unlike...

Core Scientific Announces December and Full Year 2023 Production and Operations Updates

Operated approximately 209,000 owned and colocated bitcoin miners Produced 1,177 self-mined bitcoin and an estimated 449 bitcoin from colocated miners in December Produced a total of...

Court grants final approval for $225M Celsius mining company, steers clear of securities ruling

The United States Bankruptcy Court for the Southern District of New York approved the implementation of the “MiningCo Transaction” for Celsius and its affiliated...

The Crypto Roundup: 28 December 2023 | CryptoCompare.com

Trading volumes for shares of Bitcoin mining companies, particularly Marathon Digital, have soared, topping U.S. mid and large-cap share trading charts. This surge comes...

Marathon Digital Boosts Mining Capacity with $178.6M Facility Purchase

Bitcoin News The impending halving of the BTC mining payout is a major factor in this strategic acquisition. The capacity of...

Top Trending Crypto Coins on DEXTools – Beam, Dinger Token, TOPIA

Join Our Telegram channel to stay up to date on breaking news coverage The global cryptocurrency market has surged, reaching a cap of $1.62 trillion,...

Cipher and Tether Bitcoin Mining Giants

Cipher Mining Inc., a NASDAQ-listed Bitcoin mining powerhouse, is set to revolutionize its operations with the acquisition of a staggering 37,396 units of...

Riot Platforms’ Major Expansion: Acquiring 66,560 Bitcoin Mining Rigs from MicroBT

Recently, Riot Platforms, a big participant in the Bitcoin mining market, made a huge move by purchasing 66,560 Bitcoin mining rigs from MicroBT. This...

US Bitcoin Corp Stockholders Approve Transformational Business Combination with Hut 8

MIAMI–(BUSINESS WIRE)–Today, U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp (USBTC) is thrilled to announce that its stockholders have overwhelmingly voted in favor...

Core Scientific Announces October 2023 Production and Operations Updates – TheNewsCrypto

Operated approximately 199,000 owned and colocated bitcoin miners Produced 910 self-mined bitcoin and an estimated 417 bitcoin from colocated miners AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc....

Core Scientific Announces Agreement in Principle with Key Constituencies in its Chapter 11 Cases

Company, Ad Hoc Noteholder Group and Equity Committee reach agreement in principle with respect to the economic terms of a proposed plan of reorganization Parties...

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