Tag: Mining

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…

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…

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…

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…

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…

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…

In a big transfer that instantly caught the market’s consideration, Bitcoin mining big Riot Platforms reportedly offered 500 cash. $BTCBased on Lookonchain’s on-chain knowledge, its worth is roughly $34.13 million. The commerce happened hours earlier than going public and marks the continuation of a notable pattern amongst publicly traded miners, prompting deeper evaluation of strategic…

The US owns about 38% of the world’s Bitcoin mining capability, and the specialised {hardware} that underpins that place comes overwhelmingly from Chinese language producers. Sens. Invoice Cassidy and Cynthia Lummis launched the American Mining Act on March 30 to deal with that hole, proposing certification, assist for home manufacturing, and codification of President Donald…

Bitcoin miner BitFarms (BITF) continues to withdraw from the Bitcoin enterprise, and has already begun promoting a few of its shares, confirming that it plans to proceed promoting whereas shifting its focus to AI infrastructure. The corporate generated $28.2 million in realized beneficial properties on Bitcoin gross sales in 2025, suggesting energetic gross sales happened…