IPO backed by Bitcoin mining titan struggles on first trading day
[[{“value”:” BitFuFu, a cryptocurrency mining company, achieved a significant milestone by going public on the Nasdaq stock exchange…
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Bitmain
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Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain…
The next era of mining
The time to consider upgrading your mining hardware is now. The S21 and S19 K Pro Antminers offer…
Jihan Wu will take over as Bitdeer CEO in March
Bitdeer said Jihan Wu would be moving up from chair of the company’s board of directors to CEO…
UAE-Based Phoenix Group Bolsters Mining Capabilities With $187M Bitmain Deal Amidst Global ASIC Race
Phoenix Group, a bitcoin mining and blockchain infrastructure company, recently disclosed its acquisition of $187 million in application-specific…
Cleanspark Bolsters Bitcoin Mining Might With 60,000 S21 Rig Acquisition From Bitmain
The bitcoin mining firm Cleanspark, listed on Nasdaq, recently revealed the acquisition of 60,000 S21 miners produced by…
Crypto miner CleanSpark mulls buying 160K Bitcoin miners by 2025
CleanSpark CEO Zachary Bradford said the strategic call option is a “hedge” against rising miner prices, which he…
Survival of the Fittest: The Evolution and Consolidation of ASIC Bitcoin Mining Rig Makers
Several years ago, the landscape of ASIC bitcoin mining producers was diverse. Yet, over the recent couple of…
Cipher Mining Enhances Bitcoin ASIC Fleet With 7.1 EH/s Bitmain Deal
On Monday, Cipher Mining revealed its acquisition of 7.1 exahash per second (EH/s) in new mining equipment from…
Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M
The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity…