Miner

New to The Street Announces Six Corporate Interviews, Televised Episodes 554 and 555 Air as Sponsored Programming on Bloomberg TV and The FOX Business Network; Broadcastings Begin on Saturday, February 10, 2024, at 6:30 PM ET

Retrieved on: 
Friday, February 9, 2024

The interview will air on Bloomberg TV as sponsored programming on Saturday, February 10, 2024, at 6:30 PM ET and on the FOX Business Network on Monday, February 12, 2024, at 10:30 PM PT.

Key Points: 
  • The interview will air on Bloomberg TV as sponsored programming on Saturday, February 10, 2024, at 6:30 PM ET and on the FOX Business Network on Monday, February 12, 2024, at 10:30 PM PT.
  • Jane and Kortney inform viewers about a new series coming to New to The Street, called "All Things Capital."
  • The interview will air on Bloomberg TV as sponsored programming on Saturday, February 10, 2024, at 6:30 PM ET.
  • The interview will air on the FOX Business Network on Monday, February 12, 2024, at 10:30 PM PT.

Omineca Intercepts 8 Meters of 25.41 g/m3 Placer Gold in Geotechnical Drilling from the Wingdam Underground Placer Gold Project

Retrieved on: 
Wednesday, February 7, 2024

Of note, drill hole 23-02 (see tables below) recorded 8 vertical meters of gold bearing gravels above the underground channel floor, yielding an average of 25.41 g/m3 (0.82 oz/m3) of placer gold.

Key Points: 
  • Of note, drill hole 23-02 (see tables below) recorded 8 vertical meters of gold bearing gravels above the underground channel floor, yielding an average of 25.41 g/m3 (0.82 oz/m3) of placer gold.
  • The 1.2-meter-thick gold enriched zone of the bulk sample included approximately 0.2 meters of bedrock where significant gold was found trapped in fractures and gouges.
  • 25 meters north-northeast of hole 23-02) but still produced a 3 meter intercept of gold enriched gravels.
  • An assessed placer gold purity of 90.9% (fineness 909) is used to calculate pure gold in grams recovered.

Omineca Intercepts 8 Meters of 25.41 g/m3 Placer Gold in Geotechnical Drilling from the Wingdam Underground Placer Gold Project

Retrieved on: 
Wednesday, February 7, 2024

Of note, drill hole 23-02 (see tables below) recorded 8 vertical meters of gold bearing gravels above the underground channel floor, yielding an average of 25.41 g/m3 (0.82 oz/m3) of placer gold.

Key Points: 
  • Of note, drill hole 23-02 (see tables below) recorded 8 vertical meters of gold bearing gravels above the underground channel floor, yielding an average of 25.41 g/m3 (0.82 oz/m3) of placer gold.
  • The 1.2-meter-thick gold enriched zone of the bulk sample included approximately 0.2 meters of bedrock where significant gold was found trapped in fractures and gouges.
  • 25 meters north-northeast of hole 23-02) but still produced a 3 meter intercept of gold enriched gravels.
  • An assessed placer gold purity of 90.9% (fineness 909) is used to calculate pure gold in grams recovered.

X3 Holdings Boots Bitcoin Mining Fleet in Central Asia, Eying Sustainable Growth

Retrieved on: 
Wednesday, February 7, 2024

SINGAPORE, Feb. 7, 2024 /PRNewswire/ -- X3 Holdings Co., Ltd. (Nasdaq: XTKG) ("X3 Holdings" or the "Company"), a global provider of digital solutions and technology services spanning diverse industries, is pleased to announce a significant expansion of its bitcoin mining operations.

Key Points: 
  • SINGAPORE, Feb. 7, 2024 /PRNewswire/ -- X3 Holdings Co., Ltd. (Nasdaq: XTKG) ("X3 Holdings" or the "Company"), a global provider of digital solutions and technology services spanning diverse industries, is pleased to announce a significant expansion of its bitcoin mining operations.
  • The Company has successfully deployed 2,000 bitcoin mining machines in its Central Asian facility, a move that underscores X3 Holdings' commitment to growth and sustainability in the digital asset space.
  • This latest deployment is set to supercharge X3 Holdings' mining capabilities, with the new ASIC miners projected to achieve an impressive hash rate of 0.28EH/s.
  • Stewart Lor, CEO of X3 Holdings, shared his excitement: "The deployment of our bitcoin miners in Central Asia marks a pivotal advancement.

Iris Energy Announces Monthly Investor Update for January 2024

Retrieved on: 
Wednesday, February 7, 2024

SYDNEY, Australia, Feb. 07, 2024 (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 published a monthly investor update for January 2024, containing its results from operations as well as business updates.

Key Points: 
  • If the miner purchase options are exercised in full, overall fleet efficiency for 20 EH/s would improve to 21.9 J/TH.
  • The project achieved average monthly operating hashrate of 838 PH/s in January compared to 829 PH/s last month.
  • The project achieved average monthly operating hashrate of 2,578 PH/s in January compared to 2,574 PH/s last month.
  • Childress update (1.1 EH/s, 40MW operational / 260MW under construction) – Texas, USA
    Childress has been powered by 100% renewable energy since inception via the purchase of RECs.

Hut 8 Operations Update for January 2024

Retrieved on: 
Tuesday, February 6, 2024

MIAMI, Feb. 06, 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 is proud to share its operations report for January 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).
  • The team performed preventative maintenance on key infrastructure that required some of Hut 8’s machines to be temporarily offline during the month.
  • Hut 8’s digital asset mining geographical footprint includes the following sites as of February 1, 2024:

HashHouse Tech and Riot Platforms Join Forces for a 200 MW Deployment for their Corsicana Site

Retrieved on: 
Tuesday, February 6, 2024

CORSICANA, Texas, Feb. 6, 2024 /PRNewswire-PRWeb/ -- HashHouse Tech, ("HashHouse") a pioneering provider of cryptocurrency mining solutions, is thrilled to announce this exciting partnership with Riot Platforms, Inc. ("Riot"), an industry leader in Bitcoin ("BTC") mining to provide immersion-cooled mining solutions for Riot's Texas operations. The agreement covers the supply of 200 MW of immersion equipment infrastructure, powered by the Poseidon Immersion Platform, to Riot's Navarro County, Texas, site.

Key Points: 
  • The collaboration between HashHouse and Riot Platforms involves providing 200 MW of HashHouse Poseidon immersion equipment infrastructure for Riot's Corsicana Facility in Navarro County, Texas, with the possibility of additional purchase options.
  • CORSICANA, Texas, Feb. 6, 2024 /PRNewswire-PRWeb/ -- HashHouse Tech, ("HashHouse") a pioneering provider of cryptocurrency mining solutions, is thrilled to announce this exciting partnership with Riot Platforms, Inc. ("Riot"), an industry leader in Bitcoin ("BTC") mining to provide immersion-cooled mining solutions for Riot's Texas operations.
  • The agreement covers the supply of 200 MW of immersion equipment infrastructure, powered by the Poseidon Immersion Platform, to Riot's Navarro County, Texas, site.
  • "We are thrilled to partner with HashHouse Tech as a supplier for immersion-cooling technology for our Corsicana Facility, as they share our vision for scalability and operational efficiency," said Jason Les, CEO of Riot.

Mawson Infrastructure Group Inc. Executes Another Customer Co-Location Agreement

Retrieved on: 
Tuesday, February 6, 2024

PITTSBURGH, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, is pleased to announce that the Company has signed a new co-location agreement between a wholly-owned subsidiary of Mawson and a wholly-owned subsidiary of Faith Technologies Incorporated (FTI).

Key Points: 
  • PITTSBURGH, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, is pleased to announce that the Company has signed a new co-location agreement between a wholly-owned subsidiary of Mawson and a wholly-owned subsidiary of Faith Technologies Incorporated (FTI).
  • The new customer co-location agreement is for Mawson to provide FTI with co-location services for approximately 1,176 miners or approximately 4 MW at Mawson’s Midland, Pennsylvania facilities with future potential capacity expansion with Mawson upon mutual agreement.
  • The FTI customer co-location agreement is the third co-location customer agreement executed by Mawson since the start of Q4, 2023, which develops a multi-customer base for Mawson’s co-location business and also provides for additional growth opportunities for Mawson capabilities and business.
  • In addition to its facilities at Midland, Mawson has another site located in Bellefonte, Pennsylvania, which is used entirely for self-mining purposes.

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for January 2024

Retrieved on: 
Monday, February 5, 2024

BTC Holdings 15,741 and Total Cash & BTC of $1.0B as of January 31, 2024

Key Points: 
  • BTC Holdings 15,741 and Total Cash & BTC of $1.0B as of January 31, 2024
    Fort Lauderdale, FL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for January 2024.
  • “These disruptions included weather-related curtailment and equipment failures that led to site outages and reduced our average operational hash rate 14% to 19.3 exahash in January.
  • Additionally, total network rewards decreased 14% month-over-month as transaction fees, which spiked in the prior month and represented 22% of our overall production in December, declined to 11% of our overall production in January.
  • This deployment now has 2,100 miners, or 0.3 exahash, operational, and we continue to expect the full 1.1 exahash to be online in Q2 2024.

Riot Announces January 2024 Production and Operations Updates

Retrieved on: 
Monday, February 5, 2024

“Riot had a strong month in January, mining 520 Bitcoin while utilizing our unique power strategy,” said Jason Les, CEO of Riot.

Key Points: 
  • “Riot had a strong month in January, mining 520 Bitcoin while utilizing our unique power strategy,” said Jason Les, CEO of Riot.
  • The 400 MW substation is expected to be energized by the end of March 2024, and the first 100 MW building, A1, will commence operations immediately thereafter.
  • Riot anticipates achieving a total self-mining hash rate capacity of 29 EH/s by the end of 2024.
  • Deployment of these miners is expected to begin in Q1 2024 and to be completed by the second half of 2025.