Bitcoin Miner TeraWulf Buys 15,000 Rigs From Bitmain
Bitcoin Miner

Bitcoin Miner TeraWulf Buys 15,000 Rigs From Bitmain

Bitcoin miner TeraWulf signed a deal to purchase 15,000 bitcoin mining rigs from Bitmain Technologies, the company said in a statement Tuesday. TeraWulf has yet to file a Form 8-K with the Securities and Exchange Commission (SEC) detailing the agreement’s terms.“This purchase from Bitmain, which is TeraWulf’s largest order of the next-generation bitcoin mining machines,…

Bitcoin Miner Stronghold TO OBTAIN 9,080 Rigs
Bitcoin Miner

Bitcoin Miner Stronghold TO OBTAIN 9,080 Rigs

Bitcoin miner Stronghold has signed separate deals to purchase 9,080 rigs.The company also entered into an equipment-financing agreement with NYDIG for up to $54 million.“We expect to continue utilizing modest amounts of equipment financing,” Stronghold’s CEO said in a statement.Stronghold Digital Mining has entered into agreements to purchase 9,080 Bitmain and MicroBT bitcoin mining rigs,…

Bitcoin Miner Riot Blockchain Buys Electrical Provider ESS Metron For $50 Million
Bitcoin Miner

Bitcoin Miner Riot Blockchain Buys Electrical Provider ESS Metron For $50 Million

The electrical equipment provider is key to Riot’s bitcoin mining operations and will enable timely installation of miners after the transaction.The electrical equipment provider is key to Riot’s bitcoin mining operations and will enable timely installation of miners after the transaction.Riot Blockchain has bought the electrical equipment provider ESS Metron.The deal is valued at $50…

Bitcoin miner to move community on Nasdaq after $4B SPAC merger
Bitcoin Miner

Bitcoin miner to move community on Nasdaq after $4B SPAC merger

The newly merged corporation will retain its ticker symbol BSGA on the Nasdaq stock exchange. Jihan Wu will continue to lead the combined organization…

Bitcoin miner Stronghold will list nearly 6M shares inside its $100M IPO
Bitcoin Miner

Bitcoin miner Stronghold will list nearly 6M shares inside its $100M IPO

The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin…

Bitcoin Miner Bitfarms Begins Construction Of 210 MW Farm
Bitcoin Miner

Bitcoin Miner Bitfarms Begins Construction Of 210 MW Farm

Toronto-based bitcoin miner Bitfarms has signed engineering, procurement, and construction contracts in Argentina to construct a new mining farm there.The company’s new mining operations in the South American country are expected to accommodate 55,000 new mining rigs.Bitfarms said the new farm will add up to 210 MW of power capacity by 2022.Bitcoin mining company Bitfarms…

Ethereum Miner Returns USD 22M in Mistaken Charges, Keeps ETH 50
Ethereum Miner

Ethereum Miner Returns USD 22M in Mistaken Charges, Keeps ETH 50

Source: Adobe/momiusThe miner of the block which carried a massive amount of ethereum (ETH) paid incorrectly as a transaction fee – has decided to return (nearly) all the funds.Etherscan shows the address, which currently holds some ETH 20, has sent to Bitfinex ETH 7,385 in one transaction, as well as ETH 241 in two other…

Miner Shares Outperforming Bitcoin Price IN A NUTSHELL Term
Miner Stocks

Miner Shares Outperforming Bitcoin Price IN A NUTSHELL Term

Average year-to-date returns for the top-four North American bitcoin miners are up to 140%, versus bitcoin price returns of 49%.The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe…

Russian Miner Offers His Movie Cards Stolen  By Balcony-Scaling Neighbor
Miner Russian

Russian Miner Offers His Movie Cards Stolen By Balcony-Scaling Neighbor

Source: AdobeStock / Prostock-studioA Russian miner was robbed of his video cards by his next-door neighbor – who police say climbed over the man’s balcony to steal his hardware. According to the Kursk branch of the Office of the Ministry of Internal Affairs and the local media outlet Kurskie Izvestia, the flat belongs to a…

Public Miner Hut 8 Now Holds Over 4,000 Bitcoin Well worth $150 Million
Miner Public

Public Miner Hut 8 Now Holds Over 4,000 Bitcoin Well worth $150 Million

Publicly traded Hut 8 has seen its Bitcoin mining production increase by 50 percent in the wake of China’s crackdown on its domestic industry.Hut 8 Mining, one of North America’s largest Bitcoin mining operations, revealed Wednesday it produced 300 bitcoin, or an average of 9.7 BTC per day, this July. All told, the figures were up…