Bitmain | Jotup

Institutions are Ramping Up Investments in the Crypto Sector

Retrieved on:

Monday, August 16, 2021

NEW YORK, Aug. 16, 2021 /PRNewswire/ -- After several months of complicated market conditions for cryptocurrencies, Bitcoin and other digital assets are rising in value once again. Overall, the acceptance of digital currencies as a payment or as an investment opportunity is becoming more common around the world. For example, according to data published by Blockdata, most major banks have invested in crypto and blockchain-related companies in 2021. Out of the top 100 banks by assets under management, 55 have invested in cryptocurrency and/or blockchain-related companies, either directly or through subsidiaries. The data also indicates that the most active investors based on the number of investments in blockchain companies are Barclays, Citigroup, Goldman Sachs, J.P. Morgan Chase and BNP Paribas. ISW Holdings Inc. (OTC: ISWH), Canaan Inc. (NASDAQ: CAN), BIT Mining Limited (NYSE: BTCM), CleanSpark, Inc. (NASDAQ: CLSK), Hut 8 Mining Corp. (NASDAQ: HUT)

Key Points:

For example, according to data published by Blockdata , most major banks have invested in crypto and blockchain-related companies in 2021.
The Agreement will form the backbone of the Company's Phase One launch of its cryptocurrency hosting and mining operation in Georgia.
The 200 MW facility is the first phase of our long-term partnership, utilizing renewable energy as its source.
We expect to further expand this project into the future to support the development of the industry."

Cryptocurrency Miners Turn to the U.S. in Search of Regulatory Support

Retrieved on:

Wednesday, August 11, 2021

In fact, it is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's bitcoin miners as of April 2021.

Key Points:

In fact, it is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's bitcoin miners as of April 2021.
The Agreement will form the backbone of the Company's Phase One launch of its cryptocurrency hosting and mining operation in Georgia.
The 200 MW facility is the first phase of our long-term partnership, utilizing renewable energy as its source.
We expect to further expand this project into the future to support the development of the industry."

Cryptocurrency Miners Turn to the U.S. in Search of Regulatory Support

Retrieved on:

Wednesday, August 11, 2021

NEW YORK, Aug. 11, 2021 /PRNewswire/ -- Despite the numerous obstacles the cryptocurrency market has had to overcome in recent months, there are clear indications that there is plenty of demand for the digital currencies and for blockchain technology. For example, Coinbase shares rose as much as 2.1% in extended trading Tuesday after reported second-quarter revenue was stronger than analysts had expected, according to a report by CNBC. Additionally, the company reported that total trading volume was diversified beyond Bitcoin, into Ethereum and other crypto assets. Approximately 24% of the company's total trading volume for the quarter was concentrated in Bitcoin, down from 39% in the first quarter. ISW Holdings Inc. (OTC: ISWH), Bitfarms Ltd. (NASDAQ: BITF), Riot Blockchain, Inc. (NASDAQ: RIOT), Bit Digital, Inc. (NASDAQ: BTBT), Power & Digital Infrastructure Acquisition Corp. (NASDAQ: XPDI)

Key Points:

In fact, it is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's bitcoin miners as of April 2021.
The Agreement will form the backbone of the Company's Phase One launch of its cryptocurrency hosting and mining operation in Georgia.
The 200 MW facility is the first phase of our long-term partnership, utilizing renewable energy as its source.
We expect to further expand this project into the future to support the development of the industry."

Future Fintech Announces Closing of Nice Talent Asset Management Acquisition and Pending Acquisitions Update

Retrieved on:

Tuesday, August 10, 2021

NTAM is licensed under the Securities and Futures Commission ofHong Kong("SFC") to carry out regulated activities in 'Type 4: Advising on Securities and 'Type 9: Asset Management'.

Key Points:

NTAM is licensed under the Securities and Futures Commission ofHong Kong("SFC") to carry out regulated activities in 'Type 4: Advising on Securities and 'Type 9: Asset Management'.
Hong Kong is widely recognized as a leading asset management center in Asia with a large concentration of international fund managers.
Mr.Shanchun Huang, Chief Executive Officer of Future FinTech, stated,"We are pleased to acquire 90% of Nice Talent Asset Management as it represents a major step forward in our ongoing expansion into the global financial services sector.
About Future FinTech Group Inc.
Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain e-commerce companyand a service provider for financial technology incorporated inFlorida.

Cryptocurrency Miners Turn to Renewable Energy Sources in a Bid to Modernize

Retrieved on:

Monday, August 9, 2021

BTC, Bitmain, Company, Privacy, Renewable energy, Partnership, Editorial, Growth, Agreement, GPU, Marathon, Marketing, Contextual advertising, Financial News, Climate, Goal, Carbon, Digital, CEO, OTC, NASDAQ, Griffin, Use, Instagram, Mining, Twitter, Disclosure, SOS, LLC, Social media, Industry, Engineering, News, FD, Privacy policy, Good, Miner, Hand, Plan, Policy, MNI - Market News, Advertising, NYSE, Electricity, Bias, Research, Cryptocurrency, Public relations

By the latest estimates, the Bitcoin network uses as much energy in one year as the country of Argentina.

Key Points:

By the latest estimates, the Bitcoin network uses as much energy in one year as the country of Argentina.
The Agreement will form the backbone of the Company's Phase One launch of its cryptocurrency hosting and mining operation inGeorgia.
The 200 MW facility is the first phase of our long-term partnership, utilizing renewable energy as its source.
"Gryphon's future focus on mining using 100% renewable energy will set the bar for mining companies of the future.

Cryptocurrency Miners Turn to Renewable Energy Sources in a Bid to Modernize

Retrieved on:

Monday, August 9, 2021

NEW YORK, Aug. 9, 2021 /PRNewswire/ -- While the cryptocurrency market is navigating through several obstacles, from the crackdown in China to worries about its impact on the climate, there is a clear growth in support. Just in the last several months, El Salvador become the first country in the world to adopt Bitcoin as legal tender, a move that could potentially start a trend across Latin American countries. Shortly thereafter, leaders in Argentina, Brazil, Panama, and Paraguay also endorsed the move on social media. Earlier in the year, several major companies announced a more open-minded approach to Bitcoin, now accepting payment for product and services. Overall, the approach of financial institutions, businesses and even governments has significantly changed in recent years, as commercial payments are slowly warming up to the prospects of Bitcoin. One of the major reasons for this is that a Bitcoin payment is faster, cheaper, safer and less volatile than the local currencies in many countries. ISW Holdings Inc. (OTC: ISWH), Marathon Digital Holdings, Inc. (NASDAQ: MARA), Sphere 3D Corp. (NASDAQ: ANY), SOS Limited (NYSE: SOS), Bit Digital, Inc. (NASDAQ: BTBT)

Key Points:

By the latest estimates, the Bitcoin network uses as much energy in one year as the country of Argentina.
The Agreement will form the backbone of the Company's Phase One launch of its cryptocurrency hosting and mining operation inGeorgia.
The 200 MW facility is the first phase of our long-term partnership, utilizing renewable energy as its source.
"Gryphon's future focus on mining using 100% renewable energy will set the bar for mining companies of the future.

Cryptocurrency Miners Relocate to the U.S. in an Effort to Hurdle Regulatory Obstacles

Retrieved on:

Thursday, August 5, 2021

ISW Holdings Inc.(OTC: ISWH)announced last week breaking news regarding the, "signing of a cryptocurrency mining hosting agreement (the "Agreement") with Bitmain Technologies ("Bitmain"), the world's leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm.

Key Points:

ISW Holdings Inc.(OTC: ISWH)announced last week breaking news regarding the, "signing of a cryptocurrency mining hosting agreement (the "Agreement") with Bitmain Technologies ("Bitmain"), the world's leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm.
The Agreement will form the backbone of the Company's Phase One launch of its cryptocurrency hosting and mining operation in Georgia.
The miners are expected to be delivered starting in October 2021 and full deployment is anticipated to be complete by December 2021.
Majic Wheels Corp.(OTC: MJWL) reported back in July an update to shareholders about Phase One of CGCX's Cryptocurrency Mining Operations.

Cryptocurrency Miners Relocate to the U.S. in an Effort to Hurdle Regulatory Obstacles

Retrieved on:

Thursday, August 5, 2021

NEW YORK, Aug. 5, 2021 /PRNewswire/ -- The cryptocurrency market is complex, and at this point relies on the progression of technology and software, but political decisions will also play an important role in its future. For example, China's crackdown on crypto mining had sent prices tumbling initially, but recovery has since started, and miners have begun to look for viable alternatives. Many have already, or are in the process, of relocating to Texas. The state also seems to provide a possible solution to the environmental concerns associated with crypto mining. "It really depends on the company itself. If a company comes into Texas and they start mining bitcoin, they can choose to buy all of their power from renewables if they want to," explained Josh Rhodes, a research associate at the University of Texas at Austin Energy Institute, according to Yahoo Finance. "If they just go by what is on the market... about half of their power on the system just writ large is going to come from fossil fuels." ISW Holdings Inc. (OTC: ISWH), Hut 8 Mining Corp. (NASDAQ: HUT), Voyager Digital Ltd. (OTC: VYGVF), Majic Wheels Corp. (OTC: MJWL), Bitfarms Ltd. (NASDAQ: BITF)

Key Points:

ISW Holdings Inc.(OTC: ISWH)announced last week breaking news regarding the, "signing of a cryptocurrency mining hosting agreement (the "Agreement") with Bitmain Technologies ("Bitmain"), the world's leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm.
The Agreement will form the backbone of the Company's Phase One launch of its cryptocurrency hosting and mining operation in Georgia.
The miners are expected to be delivered starting in October 2021 and full deployment is anticipated to be complete by December 2021.
Majic Wheels Corp.(OTC: MJWL) reported back in July an update to shareholders about Phase One of CGCX's Cryptocurrency Mining Operations.

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for July 2021

Retrieved on:

Tuesday, August 3, 2021

Cryptocurrencies, Articles, Bitcoin, Payment systems, Technology, Decentralization, Digital currencies, Blockchains, Bitmain

On August 1, 2021, the fair market value of one bitcoin was approximately $41,870, implying that the approximate fair market value of Marathons current bitcoin holdings is approximately $260.7 million.

Key Points:

On August 1, 2021, the fair market value of one bitcoin was approximately $41,870, implying that the approximate fair market value of Marathons current bitcoin holdings is approximately $260.7 million.
As of August 1, 2021, Bitmain has delivered approximately 19,401 S19 Pro ASIC miners to the Companys mining facility in Hardin, MT.
Future changes in the network-wide mining difficulty rate or Bitcoinhash ratemay also materially affect the future performance of Marathon's production of Bitcoin.
Marathon is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets.

Marathon Digital Holdings Purchases 30,000 S19j Pro Bitcoin Miners from Bitmain

Retrieved on:

Monday, August 2, 2021

Articles, Cryptocurrencies, Payment systems, Bitcoin, Technology, Decentralization, Digital currencies, Bitmain, Blockchain, Block chain, Miner

Based on current delivery schedules, Marathon anticipates all 30,000 newly purchased miners to ship from Bitmain between January 2022 and June 2022.

Key Points:

Based on current delivery schedules, Marathon anticipates all 30,000 newly purchased miners to ship from Bitmain between January 2022 and June 2022.
As a result, the Companys mining operations are expected to consist of more than 133,000 Bitcoin miners, producing approximately 13.3 EH/s once all miners are fully deployed and operational.
Wed like to thank the team at Bitmain for expediting this order as we work to further scale our operations and establish Marathon as one of the leading Bitcoin miners in North America.
Marathon is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets.