Marathon Digital is set to acquire a 200-megawatt mining site from its current host Applied Digital for $87.3 million.

CleanSpark is expanding to Mississippi by acquiring three sites for $19.8 million, which forms part of its plan to reach 20 EH/s.

14.27% of Marathon's bitcoin rewards in December so far came from transaction fees bolstered by on-chain activities.

Marathon previously paid $15 million to Auradine, securing rights to buy future stocks of the bitcoin ASIC chipmaker's Teraflux miners.

Applied Digital's Ellendale, North Dakota site, where Marathon had 7.8 EH/s of hosted bticoin mining hashrate, has an ongoing power outage.

Hut8 is poised to become a vertically integrated bitcoin mining operation with a successful bid to acquire power plants totaling 310 MW.

Upstarting bitcoin ASIC designer Auradine launches two new bitcoin miners, touting an efficiency that could compete with Bitmain and MicroBT.

TeraWulf said it has reduced an additional $22 million of its term loan while increasing proprietary bitcoin hashrate to 7.6 EH/s.

Marathon Digital appears to have continued experiencing downtime in March as its MARA Pool mined about 773 BTC.

The purchase of 66,560 units of MicroBT's WhatsMiner M66S is also the largest order of hashrate in Riot's history

Proprietary trading firm Jane Street has increased the ownership of Marathon to account for 6.5% of the largest public bitcoin mining firm.

Auradine, the U.S.-based bitcoin mining ASIC chip designer and miner manufacturer, has raised $80 million in a Series B financing round.

New York-based Terawulf plans to convert the hashrate capacity previously reserved for hosting into fully proprietary mining.

Bitfarms appears to be moving forward with plans to build out enough power capacities so that it can exercise the T21 option.

Pennsylvania-based Stronghold Digital is planning to sell itself as the post-halving economics of bitcoin mining turns difficult.

The fixed rate for its Rio Cuarto site will cover a period from November to April due to seasonally lower natural gas prices in Argentina.

Texas-based bitcoin mining firm Cormint reports that it mined 154 BTC in Q4, ending the year with 539 BTC on its balance sheet.

CleanSpark is scaling up its proprietary hashing power in the ongoing arms race with a new order of 12 EH/s and an option for another 20 EH/s.

Senior executives of bitcoin miner Riot are taking a long shot at vesting as many as 13.3 million shares if things go as planned by 2026.

CleanSpark has exercised an option to buy 100,000 Bitmain's S21 Pros for $16/TH/s, which is scheduled for delivery from June to December.

The largest three bitcoin mining firms have raised $880 million in Q4 and $739 million in the first two months of 2024 via stock offerings.

The block production of Marathon's MARA Pool has recovered to 4.25 blocks per day in April, 11% more than its March average.

Riding on bitcoin's breakout of $41,000, the market cap of the top 12 mining stocks by trading volume has set new highs above $12 billion.

Executives of U.S. public miners have made frequent insider transactions since December. Here's a table to sum up their recent sales and purchases.

CleanSpark sold 12 BTC in Q1 and increased its bitcoin reserves by 67% to 5,021 BTC as of March 31, while having $300 million cash on hand.

Marathon Digital is acquiring two operational bitcoin mining sites in a move pivoting into a hybrid mining model.

Canada-based Bitfarms has amended an existing power purchase agreement in Yguazu, Paraguay to double its mining capacity to 200 MW.

Canada-based Bitfarms said Riot's takeover offer of $2.3 per share "significantly undervalues" it and its growth prospects.

Only the miners with the lowest energy costs and most efficient equipment will survive the once-every-four-years event.

Hut 8 projects making $81.5 million in cash revenues by managing the restructured bitcoin mining assets of Celsius over the next four years.

The pain for both public and private miner operators is kicking in as bitcoin hashprice drops below $50/PH/s.

Over the past three weeks, major bitcoin mining stocks have shown strong performance with CleanSpark and Iris Energy leading the run.

HIVE said its average cost of bitcoin production in Q3 jumped to $22.6k per BTC, up from $18.7k in Q2 this year.

Just as hashprice captures bitcoin’s daily mining revenue in dollars per PH/s, hashcost shows how much it costs to operate each PH/s.

U.S-listed bitcoin mining and colocation provider Bitdeer has raised $100 million in a private place from the USDT stablecoin issuer Tether.

Iris Energy has raised $261 million through its latest ATM offering, of which ~$120 million worth of shares were sold over the past month.

A solo bitcoin miner with an estimated hashrate of 0.5 EH/s has solved a bitcoin block to win 3.319 BTC in total rewards worth $200,000.

Jihan Wu's Bitdeer is rolling out proprietary SEALMiner A1 equipment with an in-house designed SEAL01 bitcoin ASIC chip.

Miami, Jan. 07, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT), (

The purchase will add about 652 PH/s and is part of HIVE's goal to upgrade its bitcoin mining fleet efficiency from 38J/TH to 23J/TH.

The dispute between Core, Sphere, and Gryphon sheds light on how the 2021 grand dreams of bitcoin mining ended in the crypto winter of 2022.

Riot Platforms reports $500 million equity raise in Q1 and a hashcost spike to $80/PH/s following the termination of its colocation segment.

March 2024 is the last full month of the epoch when 6.25 BTC were issued per block approximately every ten minutes.

If everything proceeds as scheduled, Core Scientific expects the plan to take effect between Jan. 2 and Jan. 13.

The world’s largest asset manager has not only been answering client demands for its spot bitcoin ETF but also scooping up mining stocks. 

Bitfury's plan to distribute and decentralize Cipher's shares appears to be not well received by market participants.

Miner operators in Texas curtail gigawatts of power capacities to help strengthen the local grid amid an extreme cold outbreak.

If the heightened network activity persists, November is poised to become the second-most rewarding month for bitcoin miners this year.

Bitcoin's hashprice has lagged behind BTC's rally year-to-date. With the halving only a month away, will mining companies be safe?

Joint ventures of Cipher and its power partner WindHQ in Texas are expanding their mining fleets by preordering Canaan's Avalon A1466 miners.

Texas bitcoin mining giant Riot has raised $559 million over the past four months through stock offerings to fund WhatsMiner purchases.

Historical trading data shows that this is not the first time that mining stocks have lagged behind bitcoin’s return to all-time highs.

Bitcoin fourth halving event has officially arrived as the network reached block height 840,000 at 00:09 UTC on April 20.

Griid managed to mine with gross profit in Q3 using obsolete equipment from the 2017 era, suggesting access to low energy costs.

Bitcoin's mining difficulty has set a new record high, jumping above 70 trillion for the first time in the last adjustment in 2023.

The total bitcoin reserves held by public mining companies finally got back to the 40,000 BTC level, the highest since May 2022.

Applied Digital has issued an unsecured promissory note to borrow up to $20 million with an effective annualized cost of debt of at least 25%.

Bitdeer said it has placed wafer orders from TSMC to process $60 million worth of its proprietary SEALMiner bitcoin mining rigs for Q3.

Hut 8 has energized a new proprietary site in Texas with 63 megawatts for relocating the miners previously hosted in Kearney and Granbury.

BlackRock reports a beneficial holding of $650 million worth of shares in Riot and Marathon as of Dec. 31, 2023, up from $70 million a year ago.

Amid the market pullback, bitcoin's hashprice has dropped below a critical level for many mining companies to break even after halving.

Bitcoin's mining competitiveness jumped up by 2% in its first adjustment since the fourth bitcoin halving on April 20.

Hut8 seeks to become a vertically integrated bitcoin mining operation after receiving an approval to bid for power facilities totaling 310 MW.

Riot Platforms and the Texas Blockchain Council push back the Department of Energy's bitcoin mining survey, seeking a preliminary injunction.

MaraPool's market share in bitcoin rewards has increased to 4.21% in December already as Marathon energizes 23.7 EH/s in proprietary hashrate.

Since May 2023, Marathon's MaraPool has been consistently producing multiple blocks a day – until the past weekend.

Canada-based HIVE Digital is the latest public mining company to join the arms race of buying the next generation of bitcoin miners.

Ohio-based Arkon Energy has placed a purchase order for 6 EH/s of hardware in a move expanding to the proprietary bitcoin mining business.

In February 2022, Iris Energy expected 10 EH/s to be operational by early 2023. It is now moving closer to that goal – by Q2 2024.