Miner

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against SSR Mining Inc. - SSRM

Retrieved on: 
Sunday, March 31, 2024
EST, Prior, SSR, News, Ext, LLP, Complaint, Miner, Pomerantz, Action Replay, Court, Reuters

NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against SSR Mining Inc. (“SSR” or the “Company”) (NASDAQ: SSRM).

Key Points: 
  • NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against SSR Mining Inc. (“SSR” or the “Company”) (NASDAQ: SSRM).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether SSR and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Adapting to Bitcoin Halving: StakingFarm's Strategic Staking Options Ensure Profit

Retrieved on: 
Saturday, March 30, 2024
Cardano, Miner, Toci, Mining, Investment, Ecosystem, Cryptocurrency

"We at StakingFarm are stepping up to ensure that individuals and entities affected by the halving have access to profitable staking opportunities, transforming potential setbacks into strategic advantages."

Key Points: 
  • "We at StakingFarm are stepping up to ensure that individuals and entities affected by the halving have access to profitable staking opportunities, transforming potential setbacks into strategic advantages."
  • This scenario could affect the stability of Bitcoin mining operations and, by extension, the Bitcoin network itself.
  • The platform's user-friendly interface, combined with its strategic staking packages, ensures that transitioning from mining to staking is seamless and profitable.
  • As Bitcoin continues its cycle of halvings, StakingFarm's strategic approach to crypto staking represents a timely and forward-thinking solution.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against SSR Mining Inc. (SSRM)

Retrieved on: 
Friday, March 29, 2024
Mining, SSR, GPM, Defendant, News, Sky News, Suite, Safety, Miner, Court, Reuters, Cryptocurrency

LOS ANGELES, March 29, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 17, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired SSR Mining Inc. (“SSR Mining” or the “Company”) (NASDAQ: SSRM ) securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”).

Key Points: 
  • LOS ANGELES, March 29, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 17, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired SSR Mining Inc. (“SSR Mining” or the “Company”) (NASDAQ: SSRM ) securities between February 23, 2022 and February 27, 2024, inclusive (the “Class Period”).
  • On this news, SSR Mining’s stock price fell $0.29, or 5.9%, to close at $4.62 per share on February 20, 2024.
  • If you purchased or otherwise acquired SSR Mining securities during the Class Period, you may move the Court no later than May 17, 2024 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Westray Law 20th anniversary: ‘A historic failure’

Retrieved on: 
Friday, March 29, 2024
CLC, Westray Mine, Failure, Health, Congress, Criminal code, Memory, United Steelworkers, Police, Death, Parliament, USW, Survivor, The Criminal Code, Injury, Miner, Fatality, Law

“The overwhelming majority of these workplace fatalities and injuries were preventable, yet the Westray Law has rarely been used to prosecute employers and hold them criminally accountable.

Key Points: 
  • “The overwhelming majority of these workplace fatalities and injuries were preventable, yet the Westray Law has rarely been used to prosecute employers and hold them criminally accountable.
  • The Westray Law was named in memory of 26 coal miners who were killed in the Westray Mine explosion in Nova Scotia in 1992.
  • “The Westray Law was a historic achievement that promised greater corporate accountability for workplace safety and greater protection for workers,” says Allen Martin, whose brother Glenn, 35, was one of the miners killed in the Westray Mine explosion.
  • On the Westray Law’s 20th anniversary, the USW, supported by the CLC and other labour federations, is ramping up the campaign to pressure governments to take action to address the failure to enforce the law.

Cloud Mining Platform Blueskyminer Offers an Avenue for Fixed Income with Cryptocurrency

Retrieved on: 
Friday, March 29, 2024
Miner, Social media, Mining, BTC, Cryptocurrency

This technology streamlines mining operations, eliminating the need for unnecessary equipment and the complexities usually found in traditional cryptocurrency mining.

Key Points: 
  • This technology streamlines mining operations, eliminating the need for unnecessary equipment and the complexities usually found in traditional cryptocurrency mining.
  • "Choosing a computing power package for cloud mining has never been easier, allowing users to effortlessly earn income," state blueskyminer's founders.
  • By confirming accounts and selecting the right capacity package, users activate cloud mining contracts and begin their journey towards generating passive income.
  • Catering to all skill levels, from novices to seasoned miners, blueskyminer offers a variety of packages designed to suit every user's needs and open up new opportunities in cryptocurrency mining.

Cryptocurrency Mining and Renewable Energy: Bitcoin, BlockDAG Network, and Ethereum Lead Sustainability

Retrieved on: 
Thursday, March 28, 2024
Crypto, Carbon, Electricity, Smartphone, Partnership, Internet, PNAS, Carbon footprint, Software, Merge, Wind, POS, Directed acyclic graph, Dag, Miner, Mining, Prisoner of war, Cryptocurrency

In this article, we delve into the dynamics of Bitcoin and Ethereum mining, introduce BlockDAG Network mining, and explore how these projects' approach could contribute to democratizing the industry while supporting renewable energy initiatives.

Key Points: 
  • In this article, we delve into the dynamics of Bitcoin and Ethereum mining, introduce BlockDAG Network mining, and explore how these projects' approach could contribute to democratizing the industry while supporting renewable energy initiatives.
  • The study featured in PNAS underscores the synergistic potential between cryptocurrency mining and green hydrogen production, envisioning a scenario where profits from mining activities could be reinvested into clean hydrogen production and renewable energy businesses.
  • Bitcoin, operating on a Proof-of-Work (PoW) consensus mechanism, traditionally relied on energy-intensive mining operations powered predominantly by fossil fuels.
  • This appears to be about to change as Bitcoin and Ethereum mining together with BlockDAG Network mining hold the potential to drive a more sustainable and democratic future within the cryptocurrency industry.

Evolving Digital Innovation: Qubic's Journey Toward True AI

Retrieved on: 
Thursday, March 28, 2024
ANN, Initial public offering, Brain, Intelligence, CFB, AI, ALGO, Strong AI, IPO, TPS, Computer, Heart, Miner, Cryptocurrency

Tallinn, Estonia, March 28, 2024 (GLOBE NEWSWIRE) -- Qubic embarks on a transformative journey to empower global innovation with the potential of True AI.

Key Points: 
  • Tallinn, Estonia, March 28, 2024 (GLOBE NEWSWIRE) -- Qubic embarks on a transformative journey to empower global innovation with the potential of True AI.
  • At the heart of Qubic's efforts is Aigarth, an advanced AI system that symbolizes the platform's goal to grant universal access to the most sophisticated AI capabilities available.
  • Aigarth analyzes data from AI miners to construct billions of neural networks, thereby mimicking the complexity of a human brain.
  • This remarkable capacity stands as a testament to Qubic's dedication to creating a high-performance computational AI network that acts as the foundational support for True AI development, providing swift, secure, and scalable solutions for AI integration.

Hut 8 Reports Operating and Financial Results for the Six Months Ended December 31, 2023

Retrieved on: 
Thursday, March 28, 2024
Bitcoin, Mining, Growth, Business analyst, Bank statement, TSX, Hut 8, Miner, Cryptocurrency

MIAMI, March 28, 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 announced its financial results for the six months ended December 31, 2023.

Key Points: 
  • While there is still work to do, I am proud of the progress we have made,” said Asher Genoot, CEO of Hut 8.
  • The outcome of this is a six-month set of financials, including audited financials for the six months ended December 31, 2023 and unaudited financials for the six months ended Dec 31, 2022.
  • Adjusted EBITDA increased by $49.5 million to $62.3 million from $12.8 million in the six months ended December 31, 2022.
  • Cost to mine including hosted miners was $18,815, versus $16,305 in the six months ended December 31, 2022.

Mawson Infrastructure Group Expands Co-Location Business

Retrieved on: 
Wednesday, March 27, 2024
Consensus, Douglas Mawson, Miner, Consensus decision-making, Cryptocurrency

MIDLAND, Pa., March 27, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced that it has expanded its co-location business.

Key Points: 
  • Expands Enterprise Customer Co-Location Agreement after 3 Consecutive Co-Location Customer Agreements Executed and Implemented since the start of Q4, 2023
    MIDLAND, Pa., March 27, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced that it has expanded its co-location business.
  • Rahul Mewawalla, CEO and President, commented, “We are very pleased to increase and grow our co-location services business.
  • The initial Customer Agreement signed on October 12, 2023, between wholly owned subsidiaries of Mawson and Consensus, for co-location business services was approximately 15,876 miners or approximately 50 MW.
  • In addition to its co-location services business, Mawson operates self-mining bitcoin and energy management businesses.

Bitdeer Announces Mining Expansion with SEALMINER Mining Machines

Retrieved on: 
Tuesday, March 26, 2024
Blockchain, Miner, Mining, Cryptocurrency

Bitdeer will add approximately 4.8 EH/s of hash rate and retire 1.4 EH/s of older mining rigs.

Key Points: 
  • Bitdeer will add approximately 4.8 EH/s of hash rate and retire 1.4 EH/s of older mining rigs.
  • This expansion is expected to grow the total proprietary hash rate from 8.4 EH/s to approximately 11.8 EH/s.
  • Several similar expansions for its mining hash rate are expected to follow in subsequent quarters until the end of 2025.
  • Bitdeer may not include the total new mining power as part of the Company’s balance sheet, as it may seek cloud hash rate, cloud hosting and other ways to fund expansion plans.