Riot Platforms Increases Its Stake in Bitfarms: Acquired One Million Shares
TL;DR Riot Platforms increases its stake in Bitfarms to 18.9% after acquiring an additional one million shares at an average price of $2.28 per share....
Tag : mining
Bitcoin: Marathon Digital Increases Its BTC Production and Holdings in July
TL;DR Marathon Digital Holdings produced 692 BTC in July, increasing its production by 17% compared to the previous month, with an average operational hash rate...
Marathon Digital Expands into Kaspa Mining
TL;DR Marathon Digital diversifies its mining operations by adding Kaspa (KAS) to its portfolio. The company has mined approximately 93 million KAS, valued at $15...
Runes Boost Bitcoin Transaction Fees Post-Halving
TL;DR Bitcoin transaction fees are on the rise post-halving, thanks to the introduction of Runes on the network. Greg Beard from Stronghold Digital Mining and...
Bitcoin Miners Fees: The Key to $107 Million Profit
TL;DR Record Profits: Bitcoin miners earned a staggering $107 million on April 20th, 2024, with 75% of this coming from transaction fees due to increased...
Sustainable BTC Mining: The Impact of Bitcoin’s Halving
TL;DR Halving Event Impact: The upcoming Bitcoin halving will reduce block rewards from 6.25 BTC to 3.125 BTC, pushing miners towards more sustainable and economical...
Bit Digital Reports Huge Profits from Bitcoin Mining and AI
TL;DR Bit Digital has experienced impressive revenue growth during the fiscal year 2023, reaching $44.9 million, a 39% increase compared to the previous year. The...
Riot Platforms: solid financial position and ambitious growth plans
TL;DR Record revenue: Riot Platforms achieves $280.7 million in revenue in 2023, producing 6,626 Bitcoins. Solid Strategy: Riot Completes Rockdale Expansion, Secures Equipment Supply with...
Bitcoin Mining Firm GRIID Debuts on Nasdaq
TL;DR Bitcoin mining company GRIID has begun trading on the Nasdaq stock exchange. GRIID’s debut on Nasdaq follows its recent merger with Adit EdTech Acquisition Corp. The...
Annual Record for Bitcoin Miners: Earned $44 Million in One Day
The blockchain community is excited as Bitcoin miners achieved a significant milestone on November 12 by reaching their annual revenue peak, surpassing $44 million in...