Key Takeaways Core Scientific has defied the odds, rising from the depths of Chapter 11 bankruptcy in December 2022 to claim the title of North America’s foremost publicly listed cryptocurrency mining company. Their remarkable comeback includes the mining of 19,274…
Key Takeaways United States-based Bitcoin miner CleanSpark Inc. is set to significantly boost its mining capabilities, with plans to purchase up to 160,000 Bitmain S21 miners by the end of 2024, according to a recent announcement on January 8th. The…
Ten Bitcoin mining operations are said to have been shut down by Indonesian police, who accused the operators of stealing electricity worth close to USD 1 million.
Key Takeaways Marathon Digital Holdings, a prominent Bitcoin mining company in North America, has witnessed substantial growth in its Q3 2023 revenue. The company reported a remarkable 670% year-on-year increase, driven by a nearly five-fold surge in Bitcoin production. Marathon…
Key Takeaways In a move to steer the company back on track, Core Scientific has announced the appointment of Adam Sullivan as its new CEO, replacing co-founder Mike Levitt in the role. The decision comes as the bitcoin mining giant…
The report reveals that miners earned a staggering $184 million, surpassing their total earnings for the entirety of 2022. This substantial increase can be attributed to Bitcoin's soaring price and the emergence of BRC-20 tokens.
The company revealed that it has allocated resources towards energy production and has established a partnership with an undisclosed licensed local firmÂ
According to the lawsuit filed by Riot, Rhodium "deliberately miscalculated" the amount it owed in hosting fees for Riot's services.
Key Takeaways: The New York Times was criticised for a piece on Bitcoin mining on April 10 by Pierre Rochard, the vice president of mining business Riot Platforms. The publication promoted a story examining the environmental costs of Bitcoin mining…
Reportedly, the tax authority had fined Bitmain about 25 million Chinese yuan ($3.7 million). As per local media reports, a notice regarding the tax violation was sent to Bitmain in August 2022
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