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Canaan has signed a colocation agreement with Soluna to host 1 EH/s of its Avalon 15XP bitcoin miners as the manufacturer seeks to turn inventory surplus into proprietary mining expansion in North America. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional … Read more
Cipher Mining’s (CIFR) $3B HPC deal should have been a catalyst, but the stock went sideways as a $1.3B convertible raise stole the spotlight. Here’s why institutions rushed in, and what it means for shareholders. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to Bitcoin mining … Read more
Bitcoin miners had a modest September slump, watching revenue shrink 4.23%—that’s $69 million gone compared to August’s haul. September Slide for Bitcoin Mining Revenue At the time of publication, hashrateindex.com data shows the spot valuation of one petahash per second (PH/s) of SHA256 hashrate stands at $52.10—a modest decline from the $53.15 figure documented on … Read more
Soluna Holdings and Canaan Inc. signed a hosting deal to deploy 20 megawatts of Avalon A15 XP bitcoin miners at Soluna’s wind-powered Project Dorothy site in Briscoe County, Texas. Canaan’s Avalon A15 XP Rigs Head to Soluna’s Wind Farm in Briscoe County Announced on Tuesday, the agreement positions Canaan to place roughly 1 exahash per … Read more
Bitcoin’s hashrate hit beast mode this week, flexing a record-smashing 1,109 exahash per second (EH/s) as the network cranked its computational biceps harder than ever. Meanwhile, Bitcoin’s hashrate fireworks are lighting up merge mined neighbors too, with Namecoin, Rootstock, and Fractal Bitcoin all hitching a ride on the rocket and scoring monster boosts of their … Read more
SLNH has an over 1 GW pipeline, on par with BITF, but a market cap just a fraction of the size. With an up to $100M credit facility for data center buildout, could Soluna be a baby IREN in the making? The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data … Read more
Terawulf Inc. plans to raise $3 billion to expand its data centers, backed by Google’s $3.2 billion commitment. The move highlights the growing diversification of the cryptocurrency mining industry and its allure to capture the interest of tech behemoths like Google. Structure and Timing of the Debt Offering Crypto mining firm Terawulf Inc. is preparing … Read more
Bitcoin’s brute computational engine is flexing harder than ever, as the network packed on a staggering 111 exahash per second (EH/s) in just eight days—catapulting the hashrate to a jaw-dropping 1,107 EH/s. Whatever’s powering this beast, it’s pushing the network into uncharted territory. Behind the Hashrate Curtain: New Rigs Hint at a Mining Revolution Bitcoin’s … Read more
Cipher Mining announced a $3 billion, ten-year HPC colocation deal with Fluidstack, backed by Google’s $1.4 billion investment. Google’s Strategic Backing Adds Credibility Bitcoin miner, Cipher Mining Inc., has announced a landmark 10-year high-performance computing (HPC) colocation agreement with Fluidstack. The deal marks a major expansion of Cipher’s footprint in the HPC space and signals … Read more
MicroBT has launched a dedicated online shop in the United States, enabling customers to order domestically built Whatsminer bitcoin mining rigs directly. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. MicroBT said in a WeChat post on Tuesday … Read more