Ionic

Hut 8 Operations Update for March 2024

Retrieved on: 
Friday, April 5, 2024
Bitcoin, Managed services, Medicine Hat, Hosting, Hut, Alpha, Miner, Hut 8, BTC, Ionic

MIAMI, April 05, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT), (“Hut 8” or the “Company”) a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners today released its operations update for March 2024.

Key Points: 
  • (4) Includes all Self-Mining, Managed Services, and Hosting hashrate, including 100% of the hashrate at the King Mountain site.
  • (5) Self-Mining operations for Hut 8 include 100% of operations at the King Mountain site.
  • (13) 4.7 EH/s under management net of Hut 8’s joint venture partner’s 50% share of the King Mountain JV during March and February.
  • At Ionic Digital’s Cedarvale site in Ward County, Texas, the Hut 8 team completed the initial phase of construction and is preparing to energize the site.

Hut 8 Operations Update for February 2024

Retrieved on: 
Tuesday, March 5, 2024
Golf, Echo, Miner, Medicine Hat, Hut 8, Foxtrot, Ionic, Hosting, Managed services, Hut, Medicine

MIAMI, March 05, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT), (“Hut 8” or the “Company”) one of North America’s largest Bitcoin miners and energy infrastructure operators, is proud to share its operations report for February 2024.

Key Points: 
  • (3) Includes all Self-Mining, Managed Services, and Hosting hashrate, including 100% of the hashrate at the Echo site (King Mountain, TX).
  • (4) Self-Mining operations for Hut 8 Corp. include all operations at the Echo site (King Mountain, TX).
  • (5) Deployed miners are defined as those physically racked with power and networking, rounded to the nearest 100.
  • Hut 8’s digital asset mining geographical footprint includes the following sites as of March 1, 2024:

Ionic Inflation Protection ETF, CPII, NAV Restated

Retrieved on: 
Friday, February 2, 2024
Ionic, Investment, NAV, CPII

MILWAUKEE, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC announces that the previously disclosed net asset value (NAV) per share of the Ionic Inflation Protection ETF (CPII) on January 9, 2024, contained an error of greater than 1%.

Key Points: 
  • MILWAUKEE, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC announces that the previously disclosed net asset value (NAV) per share of the Ionic Inflation Protection ETF (CPII) on January 9, 2024, contained an error of greater than 1%.
  • CPII’s NAV was restated effective as of February 2, 2024.

Hut 8 proceeding with full mining operations plan to provide managed services to Ionic Digital in connection with Celsius Network LLC bankruptcy proceedings

Retrieved on: 
Thursday, February 1, 2024
Bitcoin, Digital, Celsius, Miner, Hut 8, TSX, Hut, Mining, RFP, Ionic, Engineering, Accounting, Cryptocurrency

MIAMI, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT), ("Hut 8” or the “Company”) one of North America’s largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, today announced that it has signed a four-year agreement with Ionic Digital to provide end-to-end managed services across all of its Bitcoin mining operations. The agreement includes Ionic’s four existing sites in Midland, Texas and the development and operation of its Cedarvale site located in Ward County, Texas, which is designed to reach approximately 240 MW. Hut 8 will also continue to host approximately 8,500 Ionic Digital miners at Hut 8’s Alpha site in Niagara Falls, New York.

Key Points: 
  • Hut 8 will also continue to host approximately 8,500 Ionic Digital miners at Hut 8’s Alpha site in Niagara Falls, New York.
  • “Our managed services offering is distinct within the industry and ultimately differentiated Hut 8 as the best partner to manage Celsius’ mining operations through Ionic Digital,” said Jaime Leverton, CEO of Hut 8.
  • Hut 8 has also entered into a contribution agreement with Ionic Digital pursuant to which Hut 8 has acquired 374,261 shares of Ionic Digital common stock in exchange for a cash payment of $6,378,000.
  • Additionally, under the Celsius plan, Ionic will receive $225 million in cash (subject to certain adjustments) and have no debt.

Ionic Digital Starts Mining Bitcoin

Retrieved on: 
Thursday, February 1, 2024
Bitcoin, Partnership, CFO, Bain & Company, ERCOT, Block, Credit Suisse, Digital, Hut 8, Stanford University, Hut, MBA, Mining, Ionic, Cryptocurrency

AUSTIN, Texas, Feb. 1, 2024 /PRNewswire/ -- Ionic Digital (the "company"), North America's newest best-in-class bitcoin miner and emerging innovator in energy monetization, today announced its establishment. In a deal with Celsius Mining LLC, the company is acquiring approximately 127,000 bitcoin mining machines and infrastructure for 87 megawatts (MW) of self-mining capacity across four existing facilities; 142 MW of capacity for hosted bitcoin mining at third-party sites; and the Cedarvale site, in development to reach a capacity of 240 MW. With its fleet in full operation, Ionic Digital's bitcoin mining fleet is expected to achieve a hash rate of 12.7 exahash per second (EH/s), establishing it as one of the largest companies in North America securing the Bitcoin network.

Key Points: 
  • In a deal with Celsius Mining LLC, the company is acquiring approximately 127,000 bitcoin mining machines and infrastructure for 87 megawatts (MW) of self-mining capacity across four existing facilities; 142 MW of capacity for hosted bitcoin mining at third-party sites; and the Cedarvale site, in development to reach a capacity of 240 MW.
  • With its fleet in full operation, Ionic Digital's bitcoin mining fleet is expected to achieve a hash rate of 12.7 exahash per second (EH/s), establishing it as one of the largest companies in North America securing the Bitcoin network.
  • Matt Prusak, CEO of Ionic Digital, commented, "With our substantial mining fleet and infrastructure managed in our partnership with Hut 8, seasoned leadership team, and strategic vision, Ionic Digital is ready to make an impact as a leading bitcoin miner.
  • Mr. Block remarked, "At Ionic Digital, our financial strategy will be intricately crafted to navigate the complexities of the digital asset landscape.

Fortanix Expands Leadership Team to Further Accelerate Growth in Data Exposure Management

Retrieved on: 
Thursday, January 18, 2024
Software, Technology, Data Management, Security, BigID, Engineering, ISV, Nutanix, Arkin, Privacy, Confidentiality, Procter & Gamble, APM, Citrix Systems, VMware, Ionic, Organization, Government, GXS, Intuit, Growth, Management

Fortanix® Inc. , a leader in data-first cybersecurity and pioneer of Confidential Computing , today announced the expansion of its executive leadership team to support the company’s continued growth in protecting sensitive and regulated data for upper mid-market and enterprise companies.

Key Points: 
  • Fortanix® Inc. , a leader in data-first cybersecurity and pioneer of Confidential Computing , today announced the expansion of its executive leadership team to support the company’s continued growth in protecting sensitive and regulated data for upper mid-market and enterprise companies.
  • Top global companies and government agencies trust Fortanix’s industry-leading data security platform as traditional perimeter-based approaches to security have proven to be inadequate in preventing data breaches and ransomware attacks.
  • "These additions to our leadership team will be pivotal as Fortanix positions itself for the next phase of growth in the rapidly expanding cybersecurity and compliance space."
  • Jaiswal brings extensive domain knowledge, in the areas of cloud security, network security, cybersecurity, data security and application performance monitoring (APM).

Ionic Mineral Technologies Unveils State-of-the-Art Silicon Anode Production Facility

Retrieved on: 
Thursday, November 2, 2023
Other Manufacturing, Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Semiconductor, Automotive, Automotive Manufacturing, Nanotechnology, Manufacturing, Batteries, Ionic, Carbon, Multimedia, Ecosystem, Graphite, TPA, EVS, Lithium, Engineered wood

Ionic Mineral Technologies (Ionic MT), a pioneering U.S.-based producer of advanced nano-silicon battery anode technology, is proud to announce the grand opening of its new production facility, technical center and flagship headquarters located in Provo, Utah.

Key Points: 
  • Ionic Mineral Technologies (Ionic MT), a pioneering U.S.-based producer of advanced nano-silicon battery anode technology, is proud to announce the grand opening of its new production facility, technical center and flagship headquarters located in Provo, Utah.
  • This facility represents Utah's premier enterprise-scale production facility dedicated to the development of nano-silicon battery anodes for electric vehicles (EVs) and lithium-ion battery solutions.
  • View the full release here: https://www.businesswire.com/news/home/20231102317679/en/
    The unveiling of this cutting-edge facility empowers Ionic MT to rapidly expand the production of Ionisil™ nano-silicon—an innovation poised to meet the surging demand for fast-charging, extended-range electric vehicles.
  • Phase 3: Ionic MT is collaborating with a prominent global industrial partner to engineer a turn-key, greenfield production facility with an additional capacity of 20,000 TPA.

FullStory Introduces New Features That Connect Digital Experience Data Across the Organisation to Unlock Key Insights Faster and Accelerate Revenue

Retrieved on: 
Thursday, September 14, 2023
Marketing, Online Retail, Data Management, Retail, Digital Marketing, Communications, Technology, Capacitor, Microsoft Teams, Democracy, Session replay, Microsoft, Apache, Privacy, Tab (interface), Apache Cordova, Data engineering, DX, Google Chrome App, Gallery, SVP, KPI-driven code analysis, Ionic, Risk management, Online shopping, Slack

FullStory , the leading digital experience (DX) and data platform, today unveiled a suite of product enhancements at its Spark London conference.

Key Points: 
  • FullStory , the leading digital experience (DX) and data platform, today unveiled a suite of product enhancements at its Spark London conference.
  • Today’s product enhancements harness FullStory’s foundational DX data to guide teams to a shared understanding of the customer experience, while protecting the privacy and security of customer data.
  • New workflows and capabilities include:
    Template Gallery helps users build reports from templates and get instant insights.
  • Users will see a list of recommended templates for key challenges like top user journeys, issue monitoring and frustration points.

Ionic Mineral Technologies Names Eric Miller as CFO

Retrieved on: 
Tuesday, August 15, 2023
Other Manufacturing, Technology, EV, Electric Vehicles, Automotive, Nanotechnology, Alternative Energy, Manufacturing, Energy, Batteries, Hardware, U.S. Department of Energy, Office of Inspector General, U.S. Department of Defense Strategy for Operating in Cyberspace, Multimedia, Miller, CFO, Growth, Silicon, Ionic, Lithium

Ionic Mineral Technologies , a leading developer of advanced silicon anode battery materials, today announced the appointment of Eric Miller as its Chief Financial Officer (CFO), effective immediately.

Key Points: 
  • Ionic Mineral Technologies , a leading developer of advanced silicon anode battery materials, today announced the appointment of Eric Miller as its Chief Financial Officer (CFO), effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20230815221505/en/
    Ionic MT appointed Eric Miller as CFO, bringing his 15-years of battery material and manufacturing expertise to managing all financial and day-to-day operations for the company.
  • (Photo: Business Wire)
    “It is an honor to join the team at Ionic MT, a company working to push the boundaries of battery technology with a truly scalable nano-silicon product,” commented Miller.
  • Ionic MT produces Ionisil, a drop-in nano-silicon anode material capable of increasing the energy density and charging speeds of lithium-ion batteries.

Nevada Lithium Completes Acquisition of 100% Ownership of Bonnie Claire Lithium Project, Nevada USA with Robust PEA Economics of USD $1.5 Billion NPV (After Tax) and Receives Proceeds from $11.3M Concurrent Financings

Retrieved on: 
Monday, July 10, 2023
Lithium, Quartz, MBA, Doctor of Philosophy, QP, Project, Icon-class cruise ship, IRR, ICM, Technical report, FSE, USD, National instrument, SEDAR, LCE, Promissory note, Net, CSE, Model Business Corporation Act, Sky (New Zealand), Concurrency, Disclosure, Mineral Resources Limited, PEA, NPV, CFO, ATAX, Note, Indian stock exchange, Bonnie Claire, Nevada, Person, Nature, Security (finance), Tea, Iconic, Ionic, Arrangement

Upon completion of the Arrangement, Nevada Lithium now holds a 100% interest in the Bonnie Claire Project.

Key Points: 
  • Upon completion of the Arrangement, Nevada Lithium now holds a 100% interest in the Bonnie Claire Project.
  • Nevada Lithium is currently engaged in Pre-Feasibility Study work, as well as strategic dialog with lithium end-users.
  • Richard Kern, President/CEO of Ionic and Chief Operating Officer and director of Nevada Lithium, added: "The Bonnie Claire lithium deposit has developed into a resource of potential global significance with its size, grade and location in Nevada, USA.
  • Dr. Wilson is independent of Iconic but is not independent of Nevada Lithium, as he is a director and Vice President of Exploration for Nevada Lithium.