Search Results for "mining"
CleanSpark (CLSK) Reports Q3 FY2024 Financial Results, Revenue Surges 129%
CleanSpark (CLSK) announces Q3 FY2024 financials with a 129% revenue increase and a $50 million credit line from Coinbase.
Understanding Cryptocurrency Mining: Methods and Importance
Explore how cryptocurrency mining works, its various methods, and its significance in maintaining blockchain networks, according to Gala News.
Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results
Canaan Inc. (NASDAQ: CAN) reports robust Q2 2024 financial results with significant revenue growth and improved profitability.
VanEck Provides Monthly Gold Market Insights from Experts Casanova and Foster
VanEck shares monthly insights on the gold market and economy from experts Imaru Casanova and Joe Foster, highlighting mining trends and gold's portfolio benefits.
BitFuFu Scales Up Operations Despite Escalating Bitcoin (BTC) Mining Costs
Singapore-based BitFuFu intensifies Bitcoin (BTC) mining efforts despite rising operational costs, reflecting bullish industry outlook.
Bitfarms Expands U.S. Operations with Control of Sharon, PA Data Center
Bitfarms Ltd. has assumed control of its first large-scale site in the U.S., increasing its American footprint from 20 MW to 140 MW.
Bitfarms Reports August 2024 Production and Strategic Expansion
Bitfarms announces acquisition of Stronghold Digital Mining, reports August 2024 BTC production, and outlines significant expansion plans.
Marathon Digital Holdings Reports August 2024 Bitcoin (BTC) Production Update
Marathon Digital Holdings reports an 11% increase in hash rate and 2% decrease in blocks won for August 2024, highlighting operational improvements and future goals.
Russia Legalizes Crypto Mining and Payments Amid Sanctions
In response to Western sanctions, Russia has enacted legislation legalizing cryptocurrency mining and international payments, a strategic pivot aimed at mitigating economic pressures.
Riot Platforms Reports August 2024 Bitcoin (BTC) Production and Operational Highlights
Riot Platforms announced the production of 322 Bitcoin (BTC) in August 2024 and surpassed 10,000 Bitcoin held, detailing significant operational updates.
Bitfarms to Participate in H.C. Wainwright’s 26th Annual Global Investment Conference
Bitfarms will attend H.C. Wainwright’s 26th Annual Global Investment Conference in NYC, featuring CEO Ben Gagnon on a Bitcoin Mining Panel.
Bitcoin (BTC) Miners Face Challenges and Adaptations Post-Halving
Since the April 2024 Bitcoin halving, miners have faced profitability challenges, prompting new strategies including diversification into AI and renewable energy.