Bitmain

GlobaleCrypto Reinvents Cloud Mining: Prioritizing Customer Fund Security and a Seamless Three-Step Process

Retrieved on: 
Tuesday, September 5, 2023

London, UK, Sept. 05, 2023 (GLOBE NEWSWIRE) -- The cloud mining platform, GlobaleCrypto , transforms cloud mining process with a user-centric approach, emphasizing user security and benefits.

Key Points: 
  • London, UK, Sept. 05, 2023 (GLOBE NEWSWIRE) -- The cloud mining platform, GlobaleCrypto , transforms cloud mining process with a user-centric approach, emphasizing user security and benefits.
  • Through a seamless three-step process, users register, choose plans, and begin earning, bolstered by transparent practices and stringent security measures.
  • As a pioneer, GlobaleCrypto ensures user empowerment and fund security in the evolving landscape of cloud mining.
  • By prioritizing user benefits, offering a seamless three-step process, and bolstering security measures, the platform emerges as a leader in the field.

GlobaleCrypto: The Leading Platform Announces Transparency and Reliability in Cloud Mining Products

Retrieved on: 
Tuesday, August 15, 2023

One standout player in the crypto mining arena is GlobaleCrypto , an established name renowned for its exceptional cloud mining services.

Key Points: 
  • One standout player in the crypto mining arena is GlobaleCrypto , an established name renowned for its exceptional cloud mining services.
  • Offering an array of cloud mining plans, GlobaleCrypto serves both institutional clients and passionate digital asset enthusiasts.
  • GlobaleCrypto's distinction goes beyond being a mere cloud mining service provider; it is a testament to trust and commitment.
  • With an established reputation and a growing fintech ecosystem, GlobaleCrypto is the preferred choice for those seeking reliable cloud mining solutions.

TeraWulf Achieves 5.5 EH/s and 160 MW of Bitcoin Mining Capacity

Retrieved on: 
Thursday, June 22, 2023

EASTON, Md., June 22, 2023 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), owner and operator of vertically integrated, domestic Bitcoin mining facilities powered by more than 91% zero-carbon energy, today announced the Company has successfully achieved 5.5 EH/s and 160 MW of operating capacity following the completion of Building 2 at its wholly-owned Lake Mariner facility in New York.

Key Points: 
  • TeraWulf began mining bitcoin at the Lake Mariner facility in March 2022 and, with the completion of Building 2, now has 110 MW and 3.6 EH/s of operational mining capacity.
  • The Lake Mariner facility can expand by another 100 MW in the near term and up to 500 MW in total.
  • At the nuclear-powered Nautilus facility, TeraWulf retains the option to expand its mining capacity by 50 MW.
  • Bozhao Yu, Antminer Sales Director of NCSA Region, BITMAIN commented, “The achievement of 5.5 EH/s of mining capacity marks a key milestone for TeraWulf.

Gryphon Digital Mining is Growing its Self-Mining Fleet

Retrieved on: 
Tuesday, June 6, 2023

LAS VEGAS, June 6, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining, ("Gryphon" or the "Company"), a leading net carbon-neutral bitcoin miner, is excited to announce the acquisition of 876 Bitmain S19j Pro+ miners, further strengthening its position in the cryptocurrency mining industry. This strategic investment is expected to significantly increase Gryphon's self-mining hashrate by 105 PH/s and drive the Company's attributable bitcoin mining hashrate to an estimated 1.2 exahash later this summer.

Key Points: 
  • LAS VEGAS, June 6, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining , ("Gryphon" or the "Company"), a leading net carbon-neutral bitcoin miner, is excited to announce the acquisition of 876 Bitmain S19j Pro+ miners, further strengthening its position in the cryptocurrency mining industry.
  • Delivery of the new mining machines is anticipated within the next few weeks, after which they will be swiftly deployed at Gryphon's hydro-powered hosted facility.
  • Gryphon Digital Mining remains committed to its sustainable approach to bitcoin mining, prioritizing environmentally friendly practices.
  • The Company looks forward to capitalizing on the expanded mining capacity, aligning with its long-term growth strategy and positioning Gryphon as a prominent player in the net carbon-neutral bitcoin mining sector.

MOXIAN ACQUIRES LAND TO BUILD A NEW MINING CENTER

Retrieved on: 
Thursday, May 18, 2023

Hong Kong, May 17, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ: MOXC), a company engaged in bitcoin mining and related services, today released its earnings report for fiscal year 2022.

Key Points: 
  • Hong Kong, May 17, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ: MOXC), a company engaged in bitcoin mining and related services, today released its earnings report for fiscal year 2022.
  • Net loss amounted to $21.5 million, following a one-time charge of $11.9 million for the write-off of certain mining assets.
  • Bitcoin prices tumbled throughout the year, from the $40,000 level to hover just about $15,000 by the last quarter of the year.
  • The Company continues to explore other business opportunities in the United States and elsewhere, having ceased all operations in the People’s Republic of China.

Minerbase Launches Intelligent Crypto Immersion Cooling Data Center, D Series, Setting New Industry Standards

Retrieved on: 
Tuesday, May 16, 2023

Minerbase, a leading provider of advanced cryptocurrency mining solutions, is proud to announce the launch of its latest product: the Minerbase D series intelligent immersion cooling data center.

Key Points: 
  • Minerbase, a leading provider of advanced cryptocurrency mining solutions, is proud to announce the launch of its latest product: the Minerbase D series intelligent immersion cooling data center.
  • View the full release here: https://www.businesswire.com/news/home/20230512005473/en/
    Minerbase Launches Intelligent Crypto Immersion Cooling Data Center, D Series, Setting New Industry Standards (Photo: Business Wire)
    The Minerbase D series features a revolutionary intelligent control system that integrates with a Windows PC inside the mining container, allowing for seamless remote access to miner’s software.
  • With its focus on sustainability and energy efficiency, the Minerbase D series represents a significant step forward for the cryptocurrency mining industry.
  • "We are thrilled to introduce the Minerbase D series to the cryptocurrency mining community," said Mr. Jason Long, Product Lead of the Minerbase.

Lucintel Expects the Global ASIC Chip Market to Reach $34 Billion by 2027

Retrieved on: 
Thursday, May 4, 2023

The global ASIC chip market is expected to reach an estimated $34.4 billion by 2027 with a CAGR of 7.2% from 2021 to 2027.

Key Points: 
  • The global ASIC chip market is expected to reach an estimated $34.4 billion by 2027 with a CAGR of 7.2% from 2021 to 2027.
  • Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global ASIC chip market by type, end use industry, and region.
  • Lucintel has prepared a comprehensive research report entitled " ASIC Chip Market Report: Trends, Forecast and Competitive Analysis [2022-2027] ".
  • For any questions related to ASIC chip market or related to ASIC chip market share, ASIC chip market analysis, ASIC chip market size and market growth, write us at - [email protected] .

Bitfarms Mines 379 BTC in April

Retrieved on: 
Monday, May 1, 2023

TORONTO, Ontario and BROSSARD, Québec, May 01, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, provided a Bitcoin (BTC) production and mining operations update for April 2023. In addition, earlier today Bitfarms announced it had regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2).

Key Points: 
  • TORONTO, Ontario and BROSSARD, Québec, May 01, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, provided a Bitcoin (BTC) production and mining operations update for April 2023.
  • In addition, earlier today Bitfarms announced it had regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2).
  • “As we announced last week, boosted by production increases from new installations in Rio Cuarto, Argentina, our operational hashrate reached 5.0 EH/s on April 27, 2023,” said Geoff Morphy, CEO of Bitfarms.
  • The table below presents an overview of April 2023 performance metrics as compared to both March 2023 and April 2022.

BitFrontier Announces 1st Major Miner Customer to OverClock Using Liquid Immersion Hosting Services

Retrieved on: 
Thursday, April 27, 2023

SAN JOSE, CA, April 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – BitFrontier Capital Holdings, Inc. (OTCMKTS: BFCH), a leading provider of crypto mining hardware and hosting centers, announces our first large ASIC miner customer to take the plunge and overclock in our Liquid Immersion hosting facility.

Key Points: 
  • SAN JOSE, CA, April 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – BitFrontier Capital Holdings, Inc. (OTCMKTS: BFCH), a leading provider of crypto mining hardware and hosting centers, announces our first large ASIC miner customer to take the plunge and overclock in our Liquid Immersion hosting facility.
  • Code Green (OTCMKTS: CGAC) has just purchased 412 Antminer S19 Pro+ from our AsicMinersUS.com division and agreed to host them at our Liquid Immersion Hosting site, recently opened in Louisiana.
  • Code Green has also expressed the intent to roll out another 1088 units in the coming months, to round out an even 1500 units.
  • This will allow Code Green to maximize the potential of their investment and take advantage of the benefits of liquid immersion.

Bitfarms Receives Permit To Power Up To 100 MW In Argentina

Retrieved on: 
Monday, April 24, 2023

TORONTO, Ontario and BROSSARD, Québec, April 24, 2023 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global vertically integrated Bitcoin mining company, confirmed the receipt of the necessary power permits to expand production up to 100 MW at its Rio Cuarto, Argentina facility. This is expected to initially double the active capacity to 18 MW and increase the Company’s operational hashrate to 5 EH/s. The major milestones follow:

Key Points: 
  • On April 21st, the private power producer became fully permitted to provide up to 100 MW and enabling Bitfarms to commence purchasing low-cost power under its purchase agreement.
  • On April 23rd, Bitfarms finished testing of the Rio Cuarto substation which is now online and capable of delivering 120 MW.
  • With the power permit in place, we can now draw power under our contracted agreement currently expected to be below $0.03 per kWh, which is currently the lowest rate in Bitfarms’ portfolio.
  • The Company currently has a fully built 50 MW farm which is now permitted to draw power under this agreement.