Wall Street Bitcoin miner
Wall Street BTC Miner Hut 8 Forms American Bitcoin After Deal with Trump-Linked Investors
- Hut 8 traded most ASIC miners for a majority stake in American Bitcoin.
- American Bitcoin, formerly American Data Centers, is backed by Eric Trump and Donald Trump Jr.
Monday, 31/03/2025 | 09:47 GMT by
Tareq Sikder
Former Wall Street Bitcoin Miner Exec Returns After 2 Years as CEO, Faces $6.3M Financial Gap to Fill
- Justin Nolan recently served as CEO at Arkon Energy and previously helped develop Argo's Helios project.
- Now he returns to lead the cryptocurrency mining company's efforts to get back to profitability.
Monday, 24/03/2025 | 08:25 GMT by
Damian Chmiel
Wall Street Bitcoin Miner MARA Acquires Texas Wind Farm: Using ASIC Hardware
- The firm has acquired a wind farm with 240 MW interconnection and 114 MW nameplate capacity.
- The company is lending 16% of its BTC through short-term agreements with a yield under 10%.
Tuesday, 18/02/2025 | 13:37 GMT by
Tareq Sikder
These Two Bitcoin Miners from Wall Street Secure Major Financing as BTC Hits $108K
- CleanSpark secures $650 million through zero-coupon convertible notes while implementing shareholder protection measures.
- Bitfarms continues its ATM program with $87 million remaining as both miners strengthen their positions for future growth.
Wednesday, 18/12/2024 | 08:10 GMT by
Damian Chmiel
Wall Street Bitcoin Miners Just Made Millions, Profits Hit 7-Month High: Here's How
- BTC mining profitability hit a new record in December, with hashprice rising 5% despite miners selling significant holdings.
- US-listed miners now control 29% of the global network hashrate, though facing challenges due to rising mining difficulty.
Tuesday, 17/12/2024 | 08:13 GMT by
Damian Chmiel
This Is the 8th Wall Street Bitcoin Miner to Report Lower BTC Production in November
- HIVE Digital mined 103 Bitcoin in November, joining the ranks of other publicly listed BTC companies that have revealed lower outputs.
- In the meantime, it announced a major equipment purchase to triple its mining capacity to 15 EH/s by summer 2025
Monday, 09/12/2024 | 08:37 GMT by
Damian Chmiel
7th Bitcoin Miner from Wall Street Reports a Drop in BTC Production in November
- Core Scientific reports mixed November performance with 314 self-mined Bitcoin, down from October's 369.
- This week, six other big publicly listed miners reported lower production outputs despite BTC's march to $100K.
Thursday, 05/12/2024 | 12:58 GMT by
Damian Chmiel
Wall Street Bitcoin Miner BitFuFu Launches Private-Label Pool, Holds 1664 BTC
- The pool offers commission rates starting at 0.4%, coinciding with Bitcoin's rise to $100K.
- The company is directing its self-mining hashrate to the new pool, planning to allocate 100%.
Thursday, 05/12/2024 | 11:34 GMT by
Tareq Sikder
MARA Raises $850 Million in Zero-Coupon Notes for Wall Street Bitcoin Push
- The Bitcoin miner from Wall Street successfully closed an $850 million offering of zero-coupon convertible senior notes due 2031.
- The new resources will be primarily used to buy more BTC and refinance current debt.
Thursday, 05/12/2024 | 07:11 GMT by
Damian Chmiel
Wall Street Bitcoin Miner Hut 8 Launches $500M ATM and $250M Stock Repurchase
- The firm filed a shelf registration statement with the SEC for US and Canadian compliance.
- The company reported $43.7 million in Q3 revenue and a net income of $0.9 million.
Wednesday, 04/12/2024 | 15:11 GMT by
Tareq Sikder
Wall Street Bitcoin Miners Report Lower November Production Despite BTC Rising to $100,000
- Major BTC miners reported mixed November production results amid a 7% network difficulty increase.
- Although production declined for the 5th consecutive month, higher crypto prices led to a nearly 25% increase in revenue.
Wednesday, 04/12/2024 | 08:02 GMT by
Damian Chmiel
Bitcoin Miner Argo Blockchain Secures £4.2M Lifeline as Mining Margins Shrink
- The Wall Street BTC miner raised £4.2M through a share placement to fund strategic initiatives and working capital needs.
- The company plans to use the proceeds to expand into high-performance computing amid challenging market conditions.
Monday, 02/12/2024 | 07:38 GMT by
Damian Chmiel
This Wall Street Bitcoin Miner Wants to Be New MicroStrategy: Currently Holds $3.3B in BTC
- MARA has executed a strategic $1 billion zero-interest convertible note offering to acquire 6,474 Bitcoin.
- The company maintains $160 million in reserve for future purchases, becoming the 2nd biggest public BTC holder.
Thursday, 28/11/2024 | 08:52 GMT by
Damian Chmiel
The Biggest Bitcoin Miner from Wall Street Calls for US Strategic Reserve amid Global Race
- MARA warns that national security is at risk without Bitcoin dominance through mining operations and strategic reserves.
- The company highlights the narrow gap between US and Chinese Bitcoin holdings, urging the development of domestic mining capabilities.
Wednesday, 27/11/2024 | 07:28 GMT by
Damian Chmiel
Wall Street Bitcoin Miner BTC Digital Focuses on Renewable Energy for Mining
- The firm announces expansion of Bitcoin mining facilities in Arkansas, Tennessee, Georgia, and Missouri.
- Expansion plans include building new facilities, acquiring existing mines, and forming joint ventures.
Tuesday, 26/11/2024 | 14:57 GMT by
Tareq Sikder
Wall Street Bitcoin Miners Equipment Worth Millions Stranded as U.S. Tightens Screws
- U.S. Customs is allegedly detaining the latest-model Bitmain Bitcoin mining equipment at multiple ports.
- Bitcoin mining firms from Wall Street face mounting storage fees and delays exceeding two months.
Tuesday, 26/11/2024 | 08:07 GMT by
Damian Chmiel
Texas Orders Wall Street Bitcoin Miners to Register as Grid Concerns Mount
- Local regulators mandate registration for crypto mining facilities using over 75MW of power.
- Large BTC miners like Marathon and Riot run some of their data centers in the state.
Monday, 25/11/2024 | 08:00 GMT by
Damian Chmiel
This Wall Street Bitcoin Miner Buys 11,500 New Rigs, While BTC Approaches $100,000
- HIVE Digital orders 5,000 new Bitcoin miners from Canaan, marking its second major purchase this month.
- The company aims to reach 12.8 EH/s hashrate by late 2025 through strategic expansion and efficiency improvements.
Thursday, 21/11/2024 | 09:33 GMT by
Damian Chmiel
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