Search Results for "mining"
Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners
Canaan Inc. has secured a follow-on order from HIVE for 5,000 Avalon A15-194T miners, enhancing their collaboration in Bitcoin mining operations.
Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024
Canaan Inc. (NASDAQ: CAN) reports a significant 120.9% year-over-year revenue increase for Q3 2024. The company sold 7.3 million Thash/s computing power, despite a challenging market.
CleanSpark (CLSK) to Announce 2024 Financial Results in Upcoming Webcast
CleanSpark Inc. (Nasdaq: CLSK) will present its fiscal year 2024 financial results through a live webcast on December 2, 2024, following market closure.
CleanSpark (CLSK) Launches $550 Million Convertible Notes Offering
CleanSpark, Inc. has announced the pricing of a $550 million convertible notes offering, aiming to bolster its financial strategy and expand its Bitcoin mining operations.
Canaan Inc. Reports December 2024 Bitcoin Mining Updates and FY2025 Financial Outlook
Canaan Inc. reveals its December 2024 bitcoin mining performance and outlines financial projections for FY2025, aiming for significant revenue growth and mining expansion.
Riot Platforms Evaluates AI and HPC Integration at Corsicana Facility
Riot Platforms is assessing the use of its Corsicana Facility’s power capacity for AI and HPC, pausing Bitcoin mining expansion to focus on potential partnerships.
Bitcoin Miners Shift to AI and HPC Amid 2024 Halving Impact
Following the 2024 Bitcoin halving, miners are diversifying into AI and HPC to stabilize revenue streams, leveraging existing infrastructure to meet AI's growing demand.
Riot Platforms Reports Increase in Bitcoin Production for January 2025
Riot Platforms announced a 2% increase in Bitcoin production for January 2025 compared to December 2024, with a total output of 527 BTC.
Riot Platforms (RIOT) Achieves Record Revenue in 2024 Amid Bitcoin Market Dynamics
Riot Platforms reported $376.7 million in revenue for 2024, driven by strategic Bitcoin mining and acquisitions, despite challenges from the 2024 Bitcoin halving and increased global hash rates.
Riot Platforms (RIOT) Revamps Board and Explores AI Opportunities
Riot Platforms announces new board members and evaluates AI and HPC opportunities, aiming to enhance asset value. The company engages Evercore and Northland Capital Markets for advisory roles.
Core Scientific Joins Arkham's Blockchain Intelligence Platform
Core Scientific, the second-largest public Bitcoin miner, is now accessible on Arkham, enhancing transparency by identifying over 1,250 Bitcoin addresses associated with the company.
MARA Reports Increased Bitcoin (BTC) Production Amidst Network Challenges
MARA Holdings announces a 4% increase in daily Bitcoin production despite challenges, including a 6% decrease in blocks won due to higher network difficulty.