Miner

Marathon Digital Holdings Reports Second Quarter 2022 Results Along with Bitcoin Production and Mining Operation Updates for July 2022

Retrieved on: 
Monday, August 8, 2022 - 9:05pm

Energization delays, maintenance and weather issues in Montana, and an approximately 56% decline in the price of bitcoin during the quarter, severely impacted our bitcoin production and financial results.

Key Points: 
  • Energization delays, maintenance and weather issues in Montana, and an approximately 56% decline in the price of bitcoin during the quarter, severely impacted our bitcoin production and financial results.
  • With miners currently coming online in Texas, we have increased confidence that our bitcoin production may improve in the near term.
  • Marathon Digital Holdings will hold a webcast and conference call today at 4:30 p.m. Eastern time to discuss these results.
  • Marathon is a digital asset technology company that mines bitcoin with a focus on the blockchain ecosystem and the generation of digital assets.

Compute North Begins Energization of 280MW TIER 0™ Data Center Co-located at Wind Farm in McCamey, Texas

Retrieved on: 
Monday, August 8, 2022 - 9:00pm

Compute North , a leader in sustainable, large-scale computing infrastructure, formally announces energization of the companys fifth TIER 0 data center.

Key Points: 
  • Compute North , a leader in sustainable, large-scale computing infrastructure, formally announces energization of the companys fifth TIER 0 data center.
  • Spanning 29 acres near a wind site in the Wind Energy Capital of Texas , the facility will be scaled up to 280MW and marks the first behind-the-meter wind project of its kind.
  • Co-located directly at the source of power, the TIER 0 facility will provide the wind farm with guaranteed power off-take.
  • Compute North is the leader in TIER 0 data centers, focused on delivering the most sustainable, cost-effective computing in the world.

Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for July 2022

Retrieved on: 
Monday, August 8, 2022 - 2:00pm

Sphere 3D Corp. ("Sphere 3D" or the "Company") (Nasdaq: ANY), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation as of July 31, 2022.

Key Points: 
  • Sphere 3D Corp. ("Sphere 3D" or the "Company") (Nasdaq: ANY), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation as of July 31, 2022.
  • During the month ended July 31, 2022, Sphere 3D's mining operation produced 12.78 Bitcoin or an average daily production of 0.41 Bitcoin.
  • The difference between the number of Bitcoin mined versus its holdings is the Bitcoin Sphere 3D used to fund working capital.
  • Ms. Trompeter was featured in the panel discussion, Women Powering Mining, at Mining Disrupt, the world's largest Bitcoin mining expo.

Bit Digital, Inc. Announces Monthly Production Update for July 2022

Retrieved on: 
Monday, August 8, 2022 - 1:00pm

NEW YORK, Aug. 8, 2022 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, announced its unaudited bitcoin and Ethereum production and corporate updates for the month of July 2022.

Key Points: 
  • NEW YORK, Aug. 8, 2022 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, announced its unaudited bitcoin and Ethereum production and corporate updates for the month of July 2022.
  • In July 2022, the Company earned 142.5 bitcoins, an 111% increase compared to the prior month.
  • The Company earned 0.5 ETH during July 2022 compared to 0.0 in the month ending June 30, 2022.
  • Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Iris Energy Doubles Operating Capacity to >2.3 EH/s

Retrieved on: 
Monday, August 8, 2022 - 12:51pm

SYDNEY, Australia, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today announced it has approximately doubled its operating capacity to exceed 2.3 EH/s.

Key Points: 
  • SYDNEY, Australia, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (Iris Energy or the Company), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today announced it has approximately doubled its operating capacity to exceed 2.3 EH/s.
  • Iris Energy is a sustainable Bitcoin mining company that supports the decarbonization of energy markets and the global Bitcoin network.
  • Forward-looking statements generally relate to future events or Iris Energys future financial or operating performance.
  • Any forward-looking statement that Iris Energy makes in this press release speaks only as of the date of such statement.

SAI.TECH Announces Major North American Distribution Center in Ohio

Retrieved on: 
Monday, August 8, 2022 - 1:00pm

As named SAI NODE OHIO, this facility is centrally located in state of Ohio in US, a hub of traditional data center companies and operations in North America with rich clean power sources.

Key Points: 
  • As named SAI NODE OHIO, this facility is centrally located in state of Ohio in US, a hub of traditional data center companies and operations in North America with rich clean power sources.
  • In addition, it is located close to Canada, which is also a major country of fast growing Bitcoin mining industry in the global hash rate market.
  • Starting from this month, the new distribution center will begin stocking parts and miners to support and accelerate SAI.TECH's expansion plan in North American.
  • In addition to parts warehousing, SAI.TECH plans to utilize this facility for final SAIHUB assembly and distribution, service headquarters, technical training operations, parts remanufacturing, collision repair etc.

Bit Origin Ltd Announces Monthly Production and Operation Update for July 2022

Retrieved on: 
Monday, August 8, 2022 - 1:00pm

As of July 31, 2022, the Company has two hosting mining sites in operation and one mining site under development.

Key Points: 
  • As of July 31, 2022, the Company has two hosting mining sites in operation and one mining site under development.
  • The Company expects to complete this transaction in the third quarter of 2022.
  • The Company is currently operating the Georgia site on a hosting basis with a mining capacity of up to 6.1 MW.
  • According to the Companys press release disclosed on June 15, 2022, the Project has commenced and is expected to be completed in December 2022.

Core Scientific Announces July Updates

Retrieved on: 
Friday, August 5, 2022 - 2:10pm

Core Scientific, Inc. (NASDAQ: CORZ) (Core Scientific or the Company), a leader in high-performance blockchain data centers and software solutions, today announced production and operational updates for July 2022.

Key Points: 
  • Core Scientific, Inc. (NASDAQ: CORZ) (Core Scientific or the Company), a leader in high-performance blockchain data centers and software solutions, today announced production and operational updates for July 2022.
  • Core Scientific works with the communities and utility companies in which it operates to enable and ensure electrical grid stability.
  • Month over month comparisons are based on the combined results of Core Scientific and its acquired entities and are unaudited.
  • Core Scientific provides this and any future similar unaudited updates to provide shareholders with visibility into the Companys results and progress toward previously announced capacity and operational projections.

Secure Digital Markets Sponsors Canada’s Largest Blockchain Conference & ETHToronto

Retrieved on: 
Friday, August 5, 2022 - 2:00pm

Toronto, Ontario, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Secure Digital Markets (SDM), Canadas leading digital asset brokerage providing best-in-class service on spot and block execution, liquidity, and settlement has announced their platinum sponsorship of the Blockchain Futurist Conference , Canadas largest blockchain and cryptocurrency conference.

Key Points: 
  • Toronto, Ontario, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Secure Digital Markets (SDM), Canadas leading digital asset brokerage providing best-in-class service on spot and block execution, liquidity, and settlement has announced their platinum sponsorship of the Blockchain Futurist Conference , Canadas largest blockchain and cryptocurrency conference.
  • The Blockchain Futurist Conference, along with its surrounding events, marks the pillar of Canadas Crypto Week.
  • Tracy Leparulo, Founder & CEO of Untraceable and the Blockchain Futurist Conference, said: The Blockchain Futurist Conference is a cornerstone pillar of the Canadian Blockchain Industry.
  • Secure Digital Markets is a proud part of the GDA Group, a global digital assets firm specializing in capital formation and trading services to institutional investors.

REPEAT – HIVE Blockchain Provides July 2022 Production Update

Retrieved on: 
Friday, August 5, 2022 - 12:00pm

VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:HBFA.F) (the “Company” or “HIVE”) is pleased to announce the production figures from the Company’s global Bitcoin and Ethereum mining operations for the month of July 2022, with a BTC HODL balance of 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:HBFA.F) (the Company or HIVE) is pleased to announce the production figures from the Companys global Bitcoin and Ethereum mining operations for the month of July 2022, with a BTC HODL balance of 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022.
  • HIVE believes there is intrinsic value in a broadly decentralized PoW blockchain with Layer 2 smart contracts, as the majority of such projects exist on the Ethereum blockchain.
  • HIVE has also been performing GPU optimizations throughout calendar 2022, which are proprietary and provide the Company with a competitive edge.
  • About HIVE Blockchain Technologies Ltd.
    HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.