Category: Mining
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Bitcoin miner Soluna acquires $53M wind farm to power AI facility
Soluna Holdings is a publicly traded Bitcoin ($BTC) A mining and AI infrastructure firm targeted on renewable vitality introduced Thursday that it has signed a $53 million deal to amass a wind farm to energy its upcoming Undertaking Dorothy 3 AI knowledge middle campus. The Brisco Wind Farm in Brisco County, Texas, has the capability…
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Bitmain Antminer L7 Profitability in 2026
Bitmain Antminer L7 is an ASIC crypto miner that focuses on the Scrypt algorithm used to mine the favored cryptocurrencies Litecoin and Dogecoin. Antminer L7 is not a aggressive miner because it requires very low electrical energy charges to be worthwhile. The Bitmain Antminer L7 generates a hashrate of 9,160 MH/s, has an influence effectivity…
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MARA Is Selling Its Bitcoin and Firing Staff — And Calling It a Growth Strategy
MARA Holdings (MARA) reportedly reduce about 15% of its workforce and offered greater than 15,000 Bitcoin ($BTC) The corporate raised $1.1 billion to exit convertible debt because it pivots from Bitcoin mining to AI and power infrastructure. CEO Fred Thiel confirmed the layoffs in an inner memo, calling them “strategic” quite than purely monetary, citing…
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Cango raises capital as it faces NYSE delisting risk with shares below $1
Cango (CANG) is prone to dropping its NYSE itemizing after its inventory traded under a mean of $1 for 30 consecutive days, triggering a compliance discover from the change and giving Bitcoin miners six months to recuperate, the corporate mentioned in a press launch on Wednesday. On March 10, the New York Inventory Trade issued…
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New bill threatens 50,000 unregistered miners in Russia with fines and prison sentence
The Russian authorities is at present critically pursuing 1000’s of individuals and corporations mining cryptocurrencies with out registration. A invoice has simply been launched in Parliament that may impose fines and jail phrases on violators, or the overwhelming majority at present working within the trade. The push to punish them comes as Russia returns to…
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Luxor Launches ‘Commander’ Fleet Management Software to Optimize Bitcoin Mining Operations
Luxor Expertise Company has introduced Commander, a brand new fleet administration and profitability optimization platform designed to supply Bitcoin mining operators with a unified layer of management throughout their infrastructure. The Seattle-based Bitcoin mining software program firm stated Commander is constructed to combine fleet operations, vitality administration, and profitability optimization right into a single system…