The bitcoin mining firm Cleanspark, listed on Nasdaq, recently revealed the acquisition of 60,000 S21 miners produced by Bitmain. Scheduled for delivery in the next quarter, this purchase represents approximately 12 exahash per second (EH/s) of hashing power. Moreover, Cleanspark has secured the option to purchase up to an additional 100,000 S21 Antminers at a […]
Cipher Mining Bolsters Operations With 16,700 Bitcoin Miners From Canaan
The Nasdaq-traded mining company Cipher Mining unveiled plans to expand its Bear LLC and Chief Mountain LLC projects, revealing the acquisition of 2.5 exahash per second (EH/s) of Canaan-crafted application-specific integrated circuit (ASIC) bitcoin mining machines. The enterprise will procure 16,700 advanced Avalon A1466 miners, anticipated for delivery by Q2 2024. Cipher Mining Sets Eyes […]
Northern Data Subsidiary Bolsters AI Capabilities With $362 Million Nvidia GPU Investment
On Wednesday, Northern Data Group, headquartered in Frankfurt and specializing in bitcoin mining, disclosed that its subsidiary, Taiga Cloud, has secured a significant acquisition of about 8,200 Nvidia H100 Tensor Core Graphics Processing Units (GPUs). These newly acquired units will complement Northern Data’s current collection of artificial intelligence (AI)-oriented hardware, following their previous acquisition of […]
Hive Bolsters Mining Power With Purchase of 4,800 Bitmain S19k Bitcoin Miners Ahead of 2024 Halving
On Tuesday, Hive Digital, a bitcoin mining company based in Vancouver, revealed its acquisition of 4,800 Bitmain S19k Antminer mining rigs. Hive stated that this purchase is intended to strengthen the firm and strategically position it for the anticipated reward halving. Vancouver’s Hive Digital Ups Ante With 4,800 Antminer Buy In recent months, there has […]
BCH Ecosystem Fund Bolsters Cashtokens Ecosystem With $20 Million Investment
PRESS RELEASE. Dubai, July 24, 2023 – The BCH Ecosystem Fund has announced a significant $ 20 million investment in the Cashtokens ecosystem, following unanimous approval during the Bitcoin Cash (BCH) Network Upgrade on May 15, 2023. The Cashtokens protocol holds the potential to create a comprehensive UTXO ecosystem application. The BCH Ecosystem Fund, …