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Bitcoin Miners Shift to AI and HPC Amid 2024 Halving Impact
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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.

Canaan Inc. Reports December 2024 Bitcoin Mining Updates and FY2025 Financial Outlook
mining

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.

CleanSpark (CLSK) Launches $550 Million Convertible Notes Offering
mining

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.

CleanSpark (CLSK) to Announce 2024 Financial Results in Upcoming Webcast
mining

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.

Binance Pool Launches 88,000 KAS Bonus for Bitcoin and Kaspa Miners
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Binance Pool Launches 88,000 KAS Bonus for Bitcoin and Kaspa Miners

Binance Pool introduces a promotion offering an 88,000 KAS bonus for eligible miners of Kaspa (KAS) and Bitcoin (BTC). The promotion runs from November 28, 2024, to January 27, 2025.

Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024
mining

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.

Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners
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. Expands Bitcoin Mining Operations in North America
mining

Canaan Inc. Expands Bitcoin Mining Operations in North America

Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.

Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion
mining

Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion

Canaan Inc. has finalized a securities purchase agreement to bolster its digital mining operations and equipment production in North America, securing investment from a key institutional partner.

Binance Pool Introduces Merged Mining with Fractal Bitcoin (FB) Rewards
mining

Binance Pool Introduces Merged Mining with Fractal Bitcoin (FB) Rewards

Binance Pool launches merged mining, allowing users to mine Bitcoin (BTC) and earn rewards in Fractal Bitcoin (FB). The service does not guarantee a token listing on Binance.

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