Bitmain

CleanSpark Releases October 2023 Bitcoin Mining Update

Retrieved on: 
Thursday, November 2, 2023

LAS VEGAS, Nov. 2, 2023 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited Bitcoin (or "BTC") mining and operations update for the month ending October 31, 2023.

Key Points: 
  • LAS VEGAS, Nov. 2, 2023 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited Bitcoin (or "BTC") mining and operations update for the month ending October 31, 2023.
  • CleanSpark mined 633 bitcoin in October and increased its bitcoin holdings to 2,311.
  • "Our recent achievement of 10 EH/s, with nearly 89,000 operational machines, demonstrates our ability to maximize efficiency to produce more hashrate using the same amount of energy.
  • Total BTC holdings as of October 31: 2,311
    Total BTC sold in October: 562
    The Company sold 562 BTC in October 2023 at an average of approximately $28,600 per BTC.

CleanSpark Reaches Rare Bitcoin Mining Milestone at 10 EH/s

Retrieved on: 
Friday, October 27, 2023

LAS VEGAS, Oct. 27, 2023 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has surpassed a total hashrate of 10 exahashes per second (EH/s), reaching a milestone that few publicly traded bitcoin mining companies have ever achieved.

Key Points: 
  • Software optimizations continue to drive gains; fleet wide efficiency now estimated at 27.8 joules per terahash (J/TH)
    CleanSpark is one of the most efficient and fastest-growing publicly traded bitcoin miners in North America.
  • The Company increased its hashrate by nearly 50 percent in the last five months alone and is more than halfway to its planned capacity of 16 EH/s.
  • CleanSpark's recent incremental growth comes from a combination of software optimizations and fleet improvements.
  • CleanSpark recently purchased 4.4 EH/s of Antminer S21 bitcoin mining machines, which are scheduled to be delivered in early 2024.

GlobaleCrypto Announces Streamlined Bitcoin Acquisition Through Cloud Mining

Retrieved on: 
Friday, October 6, 2023

GlobaleCrypto introduces cloud mining, a groundbreaking approach to democratizing cryptocurrency mining.

Key Points: 
  • GlobaleCrypto introduces cloud mining, a groundbreaking approach to democratizing cryptocurrency mining.
  • By offering a comprehensive suite of cloud mining solutions, GlobaleCrypto simplifies access to mining while empowering individuals to tap into the potential profits of mining digital assets.
  • GlobaleCrypto offers more than just cloud mining; it's a harbinger of a new era in digital asset mining.
  • GlobaleCrypto represents more than a cloud mining solution; it's an amalgamation of innovation, security, and user-centricity, positioned to redefine the landscape of digital asset mining.

Bitmain to Invest $54 Million in Core Scientific, Inc. as Part of New Supply Contract

Retrieved on: 
Friday, September 22, 2023

Separately, Bitmain has executed a new hosting agreement with Core Scientific to support Bitmain’s mining business.

Key Points: 
  • Separately, Bitmain has executed a new hosting agreement with Core Scientific to support Bitmain’s mining business.
  • “We look forward to deepening our strategic relationship with Core Scientific, our long-standing U.S.-based partner,” said Max Hua, Bitmain CEO.
  • “We are honored to expand our significant relationship with Bitmain,” said CEO of Core Scientific, Adam Sullivan.
  • Sullivan added, “Bitmain’s product quality, attention to service and responsiveness are critical to our success in supporting the Bitcoin Network.

GlobaleCrypto Reinvents Cloud Mining: Prioritizing Customer Fund Security and a Seamless Three-Step Process

Retrieved on: 
Tuesday, September 5, 2023

London, UK, Sept. 05, 2023 (GLOBE NEWSWIRE) -- The cloud mining platform, GlobaleCrypto , transforms cloud mining process with a user-centric approach, emphasizing user security and benefits.

Key Points: 
  • London, UK, Sept. 05, 2023 (GLOBE NEWSWIRE) -- The cloud mining platform, GlobaleCrypto , transforms cloud mining process with a user-centric approach, emphasizing user security and benefits.
  • Through a seamless three-step process, users register, choose plans, and begin earning, bolstered by transparent practices and stringent security measures.
  • As a pioneer, GlobaleCrypto ensures user empowerment and fund security in the evolving landscape of cloud mining.
  • By prioritizing user benefits, offering a seamless three-step process, and bolstering security measures, the platform emerges as a leader in the field.

GlobaleCrypto: The Leading Platform Announces Transparency and Reliability in Cloud Mining Products

Retrieved on: 
Tuesday, August 15, 2023

One standout player in the crypto mining arena is GlobaleCrypto , an established name renowned for its exceptional cloud mining services.

Key Points: 
  • One standout player in the crypto mining arena is GlobaleCrypto , an established name renowned for its exceptional cloud mining services.
  • Offering an array of cloud mining plans, GlobaleCrypto serves both institutional clients and passionate digital asset enthusiasts.
  • GlobaleCrypto's distinction goes beyond being a mere cloud mining service provider; it is a testament to trust and commitment.
  • With an established reputation and a growing fintech ecosystem, GlobaleCrypto is the preferred choice for those seeking reliable cloud mining solutions.

TeraWulf Achieves 5.5 EH/s and 160 MW of Bitcoin Mining Capacity

Retrieved on: 
Thursday, June 22, 2023

EASTON, Md., June 22, 2023 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), owner and operator of vertically integrated, domestic Bitcoin mining facilities powered by more than 91% zero-carbon energy, today announced the Company has successfully achieved 5.5 EH/s and 160 MW of operating capacity following the completion of Building 2 at its wholly-owned Lake Mariner facility in New York.

Key Points: 
  • TeraWulf began mining bitcoin at the Lake Mariner facility in March 2022 and, with the completion of Building 2, now has 110 MW and 3.6 EH/s of operational mining capacity.
  • The Lake Mariner facility can expand by another 100 MW in the near term and up to 500 MW in total.
  • At the nuclear-powered Nautilus facility, TeraWulf retains the option to expand its mining capacity by 50 MW.
  • Bozhao Yu, Antminer Sales Director of NCSA Region, BITMAIN commented, “The achievement of 5.5 EH/s of mining capacity marks a key milestone for TeraWulf.

Gryphon Digital Mining is Growing its Self-Mining Fleet

Retrieved on: 
Tuesday, June 6, 2023

LAS VEGAS, June 6, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining, ("Gryphon" or the "Company"), a leading net carbon-neutral bitcoin miner, is excited to announce the acquisition of 876 Bitmain S19j Pro+ miners, further strengthening its position in the cryptocurrency mining industry. This strategic investment is expected to significantly increase Gryphon's self-mining hashrate by 105 PH/s and drive the Company's attributable bitcoin mining hashrate to an estimated 1.2 exahash later this summer.

Key Points: 
  • LAS VEGAS, June 6, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining , ("Gryphon" or the "Company"), a leading net carbon-neutral bitcoin miner, is excited to announce the acquisition of 876 Bitmain S19j Pro+ miners, further strengthening its position in the cryptocurrency mining industry.
  • Delivery of the new mining machines is anticipated within the next few weeks, after which they will be swiftly deployed at Gryphon's hydro-powered hosted facility.
  • Gryphon Digital Mining remains committed to its sustainable approach to bitcoin mining, prioritizing environmentally friendly practices.
  • The Company looks forward to capitalizing on the expanded mining capacity, aligning with its long-term growth strategy and positioning Gryphon as a prominent player in the net carbon-neutral bitcoin mining sector.

MOXIAN ACQUIRES LAND TO BUILD A NEW MINING CENTER

Retrieved on: 
Thursday, May 18, 2023

Hong Kong, May 17, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ: MOXC), a company engaged in bitcoin mining and related services, today released its earnings report for fiscal year 2022.

Key Points: 
  • Hong Kong, May 17, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ: MOXC), a company engaged in bitcoin mining and related services, today released its earnings report for fiscal year 2022.
  • Net loss amounted to $21.5 million, following a one-time charge of $11.9 million for the write-off of certain mining assets.
  • Bitcoin prices tumbled throughout the year, from the $40,000 level to hover just about $15,000 by the last quarter of the year.
  • The Company continues to explore other business opportunities in the United States and elsewhere, having ceased all operations in the People’s Republic of China.

Minerbase Launches Intelligent Crypto Immersion Cooling Data Center, D Series, Setting New Industry Standards

Retrieved on: 
Tuesday, May 16, 2023

Minerbase, a leading provider of advanced cryptocurrency mining solutions, is proud to announce the launch of its latest product: the Minerbase D series intelligent immersion cooling data center.

Key Points: 
  • Minerbase, a leading provider of advanced cryptocurrency mining solutions, is proud to announce the launch of its latest product: the Minerbase D series intelligent immersion cooling data center.
  • View the full release here: https://www.businesswire.com/news/home/20230512005473/en/
    Minerbase Launches Intelligent Crypto Immersion Cooling Data Center, D Series, Setting New Industry Standards (Photo: Business Wire)
    The Minerbase D series features a revolutionary intelligent control system that integrates with a Windows PC inside the mining container, allowing for seamless remote access to miner’s software.
  • With its focus on sustainability and energy efficiency, the Minerbase D series represents a significant step forward for the cryptocurrency mining industry.
  • "We are thrilled to introduce the Minerbase D series to the cryptocurrency mining community," said Mr. Jason Long, Product Lead of the Minerbase.