MINING

 


The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.

Applied Blockchain Refinances $15M Credit Facility from a North Dakota-based Bank
U.S. bitcoin mining company Applied Blockchain, Inc has announced that it has entered into a credit agreement with a North Dakota-based bank for a $15 million loan that will expand its crypto mining operations to take advantage of opportunities emerging in the current bear market
Bitcoin Miner CleanSpark Acquires 36 MW Facility, 3,400 Antminers for $25M
CleanSpark made the acquisitions to expand its operating presence while maintaining cost-effective production rates.
Vespene Energy Raises $4.3M Funding to Convert Landfill Methane into Bitcoin
Vespene Energy, a methane mitigation company, said that it is developing an infrastructure that will enable methane gas to produce electricity for Bitcoin mining.
Hut 8 Mining Corp Generated 330 BTC in July, Becoming one of the Largest BTC Holders
North American publicly traded cryptocurrency mining company Hut 8 Mining Corp has announced its July 2022 operational update.
Core Scientific Sold 1,975 Bitcoins More That It Mined in July
Core Scientific mentioned that curtailment activities related to power shutdowns limited its Bitcoin production activities during the month of July. The company, however, said it mined more Bitcoins during July than the previous month.
Argo Mining Crypto Production Rose to 219 BTCs in July
Argo not only mined more Bitcoins in July, but also generated higher revenues than the previous month. The crypto mining firm faced challenges of electricity costs and its 17 series machines during the month of July.
Hive Blockchain Generated 465.1 BTC, 2957 ETH in July
Hive Blockchain said it currently holds 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022, after producing 278.5 BTC and 2,957 ETH in July.
Riot Blockchain Mines 318 BTCs, Decreased 28% Compared Last July
Colorado-based bitcoin mining company Riot Blockchain Inc. announced that it produced 318 BTC in July, a decrease of about 28 % from 443 BTC in July last year.
Digihost Plans to Move Mining Rigs from NY to Alabama, Expand Energy to 55 MW in 2023
U.S.-based crypto miner Digihost Technology Inc. plans to move drilling rigs from New York to Alabama, expanding energy capacity to 55 MW in the second quarter of 2023.
91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140
Only 9% of Bitcoin is left to be mined for the next century, according to a data platform from the Clark Moddy Bitcoin's dashboard.

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