Bitmain

BitMine Immersion Technologies, Inc. Announces Entry into Joint Venture, Entry into Line of Credit, Buyout of Hosting Agreement, and Trinidad Operations Update

Retrieved on: 
Thursday, October 20, 2022
Bitcoin, Crypto, Hosting, U.S. Securities and Exchange Commission, Form 10-Q, Sale, SEC, Computer, Technology, Telecommunication, Electricity, GE, Immersion, Bitmain, Security (finance), Miner, Partnership, Company, Mining, Innovation, Industry, TCC, IDI, OTC, GLOBE, Forward-looking statement, KVA, Risk, Cryptocurrency, ASIC, ROC

We will also pursue joint ventures and partnerships where our infrastructure equipment can be paired with ASIC miners valued at current prices.

Key Points: 
  • We will also pursue joint ventures and partnerships where our infrastructure equipment can be paired with ASIC miners valued at current prices.
  • The joint venture intends to purchase ASIC miners to mine Bitcoin for its own account, rather than hosting miners for third parties.
  • Copies of BitMine Immersion Technologies filings with the SEC are available on the SECs website at www.sec.gov.
  • BitMine Immersion Technologies undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Iris Energy Announces Monthly Investor Update for September 2022

Retrieved on: 
Friday, October 7, 2022
Bitcoin, International, Investor relations, SEC, Mission statement, Growth, Electricity, Contract, Miner, Annual report, Energy, Private Securities Litigation Reform Act, Company, International Financial Reporting Standards, Public expenditure, Forward-looking statement, Failure, Terminology, Construction, Risk management, Bitmain, COVID-19, Iris

SYDNEY, Australia, Oct. 07, 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 published a monthly investor update for September 2022, containing its results from operations as well as construction and development updates.

Key Points: 
  • 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.
  • Accordingly, you should not place undue reliance on the preliminary financial information included in this investor update.

Integrated Ventures is set to report 254% annual revenue growth, fueled by expansion of crypto mining operations

Retrieved on: 
Tuesday, September 27, 2022
Blockchain, BTC, Company, Growth, Mining, Cryptocurrency, Forward-looking statement, The Annual Report, Private Securities Litigation Reform Act, CEO, Technology, INTV, Annual report, PA, Miner, Method, Marketing, Renewable energy, Food delivery, Video game, Bitmain, Wolf Hollow

The Annual Report is scheduled to be posted on 09/27/2022, after market close.

Key Points: 
  • The Annual Report is scheduled to be posted on 09/27/2022, after market close.
  • The Company is set to report a significant revenue increase vs 2021, from $1,851,390 to $6,550,133.
  • Mining operations accounted for $4,871,473 in revenue, jumping from $1,793,316 for 2021.
  • The remaining revenue was sourced from the equipment reselling business, posting $1,793,316 in 2022, up from $58,074 in 2021.

Iris Energy Increases Operating Capacity to >3.7 EH/s

Retrieved on: 
Tuesday, September 27, 2022
Bitcoin, Contract, Company, Growth, Private Securities Litigation Reform Act, Forward-looking statement, Public expenditure, Electricity, Terminology, Investor relations, Miner, NASDAQ, GLOBE, SEC, Annual report, Failure, Renewable energy, Oil, Construction, Risk management, COVID-19, Bitmain, Iris

SYDNEY, Australia, Sept. 27, 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 increased its operating capacity to exceed 3.7 EH/s.

Key Points: 
  • SYDNEY, Australia, Sept. 27, 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 increased its operating capacity to exceed 3.7 EH/s.
  • Iris Energys Co-Founder & Co-CEO, Daniel Roberts, said:
    The successful energization of Prince George is another major milestone for Iris Energy.
  • Iris Energy is a sustainable Bitcoin mining company that supports the decarbonization of energy markets and the global Bitcoin network.
  • Any forward-looking statement that Iris Energy makes in this press release speaks only as of the date of such statement.

BitNile Holdings Issues August Monthly Bitcoin Mining Report Highlighting 60.45 BTC Mined for the Month with an Annualized Run-Rate of 787 BTC

Retrieved on: 
Wednesday, September 14, 2022
Finance, Cryptocurrency, Banking, Professional Services, Fintech, Securities Exchange Act of 1934, Digital, Textile, Suite, Mining, BTC, NYSE, XP, LLC, Securities Act of 1933, U.S. Securities and Exchange Commission, United States Customs Service, Nature, Company, Growth, Review, Forward-looking statement, Risk, III, Miner, Investor relations, NILE, Cryptocurrency, Bitmain, Bitcoin

BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (BitNile or the Company) today published an unaudited update on Bitcoin (BTC) production and miner installation.

Key Points: 
  • BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (BitNile or the Company) today published an unaudited update on Bitcoin (BTC) production and miner installation.
  • BitNiles BTC mining production is currently operating at an estimated annualized run rate of 787 Bitcoin based on market conditions as of September 9, 2022, including a mining difficulty of 32.05 trillion.
  • Once all of the miners are fully deployed and operational, BitNile expects to achieve a mining production capacity of approximately 2.3725 EH/s.
  • BitNile Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Iris Energy Reports Record Full Year FY22 Results

Retrieved on: 
Tuesday, September 13, 2022
Bitcoin, Group, IFRS, Q&A, EBITDA, Contract, Company, Growth, Private Securities Litigation Reform Act, Industry, Forward-looking statement, Public expenditure, Electricity, Depreciation, Terminology, Adjustment, Investor relations, Miner, SEC, Annual report, Webcast, PIN, Failure, Construction, Risk management, Bookkeeping, COVID-19, Bitmain, Iris

SYDNEY, Australia, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today reported its financial results for the full year ended June 30, 2022. All $ amounts are in United States Dollars (“USD”) unless otherwise stated.

Key Points: 
  • There will be a Q&A session after the Company delivers its FY22 financial results.
  • 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.

Samsung Goldex Announced to Establish Gold & Crypto Asset Bank

Retrieved on: 
Tuesday, September 13, 2022
Crypto, City, Partnership, Gold, MUFG Union Bank, Samsung, Non-fungible token, Moa, DEX, SADAD, POS, Multimedia, Union Bank, Blockchain, Cryptocurrency, Bitmain

SEOUL, South Korea, Sept. 13, 2022 /PRNewswire/ -- Samsung Goldex announced that it will actively promote the establishment of "Gold & Crypto Asset Bank", a new decentralized financial institute, combining the conventional gold exchange with the DEX.

Key Points: 
  • SEOUL, South Korea, Sept. 13, 2022 /PRNewswire/ -- Samsung Goldex announced that it will actively promote the establishment of "Gold & Crypto Asset Bank", a new decentralized financial institute, combining the conventional gold exchange with the DEX.
  • The cryptocurrency exchange, with Gold Stable Coin and Gold Token to be produced later, will be governed by the Samsung Goldex Foundation.
  • "The new attempt to establish Gold & Crypto Asset Bank, combining gold exchange and DEX, is expected to bring new vitality to the blockchain investment market based on stability and liquidity of gold even in recession and cryptocurrency downturn," said theofficialof Samsung Goldex.
  • Meanwhile, the Samsung Goldex Foundation, Family Japan, and POS signed a contract for blockchain business and "Gold & Crypto Asset Bank" of Samsung Goldex Foundation.

Iris Energy Announces Monthly Investor Update for August 2022

Retrieved on: 
Wednesday, September 7, 2022
Bitcoin, Energy, Investor relations, Forward-looking statement, SEC, Electricity, Miner, International, Company, Failure, Terminology, Public expenditure, Private Securities Litigation Reform Act, Growth, Mission statement, Contract, International Financial Reporting Standards, Construction, Risk management, COVID-19, Iris, Bitmain

SYDNEY, Australia, Sept. 07, 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 published a monthly investor update for August 2022, containing its results from operations as well as construction and development updates.

Key Points: 
  • 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.
  • Accordingly, you should not place undue reliance on the preliminary financial information included in this investor update.

Bit Digital, Inc. Announces Second Quarter of Fiscal Year 2022 Financial Results

Retrieved on: 
Tuesday, August 30, 2022
Bitcoin, Ethereum, Program, ETH, Sale, Overalls, Depreciation, Treasury, Electricity, Miner, Nasdaq, Company, GAAP, BTC, Growth, Industry, Cryptocurrency, Bank, Renewable energy, Bitmain

NEW YORK, Aug. 30, 2022 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a digital asset mining company headquartered in New York, today announced its unaudited financial results for the second quarter ended June 30, 2022.

Key Points: 
  • NEW YORK, Aug. 30, 2022 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a digital asset mining company headquartered in New York, today announced its unaudited financial results for the second quarter ended June 30, 2022.
  • Bitcoin mining revenue was $6.5 million for the second quarter of 2022.
  • "In the second quarter of 2022, we managed to modestly increase bitcoin production on a sequential basis despite the previously announced interruptions to certain hosting partners' operations.
  • The price of bitcoin decreased substantially during the second quarter, reducing industrywide margins, and forcing difficult decisions across the industry.

BitNile Holdings’ Subsidiary BitNile, Inc. Enters into Hosting Agreement

Retrieved on: 
Tuesday, August 16, 2022
Professional Services, Data Management, Blockchain, Technology, Cryptocurrency, Software, Fintech, III, U.S. Securities and Exchange Commission, Securities Act of 1933, Risk, Investor relations, Forward-looking statement, NYSE, Suite, Growth, Securities Exchange Act of 1934, Miner, BNI, Textile, LLC, NILE, Company, Nature, Agreement, Mining, Cryptocurrency, Bitmain, Bitcoin

BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (BitNile or the Company) today announced that its wholly owned subsidiary, BitNile, Inc. (BNI), has entered into a hosting agreement (the Agreement) securing 20 megawatts of power with Compute North, LLC, a company that BNI believes to be a leader in sustainable, large-scale computing infrastructure and hosting services.

Key Points: 
  • BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (BitNile or the Company) today announced that its wholly owned subsidiary, BitNile, Inc. (BNI), has entered into a hosting agreement (the Agreement) securing 20 megawatts of power with Compute North, LLC, a company that BNI believes to be a leader in sustainable, large-scale computing infrastructure and hosting services.
  • We believe that the Agreement will enable us to power roughly 6,500 S19j Pro miners during August and September.
  • BitNile Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • In addition, BitNile extends credit to select entrepreneurial businesses through a licensed lending subsidiary.