Bitmain

Creek Road Miners Launches Its First Production Facility

Retrieved on: 
Thursday, June 16, 2022
Technology, Finance, Other Energy, Other Technology, Oil, Gas, Professional Services, Software, Energy, Hardware, Cryptocurrency, Security (finance), Company, U.S. Securities and Exchange Commission, Forward-looking statement, OTCQB, Bitmain, Electricity, Mining, Natural gas, Miner, Risk, Iron ore, Cryptocurrency

Creek Road Miners, Inc. (OTCQB:CRKR) (Creek Road Miners, or, Company) is pleased to announce that its first production facility in Meeker, Colorado is now fully operational.

Key Points: 
  • Creek Road Miners, Inc. (OTCQB:CRKR) (Creek Road Miners, or, Company) is pleased to announce that its first production facility in Meeker, Colorado is now fully operational.
  • With the successful deployment of the Meeker facility, Creek Road Miners has decided to deploy its second facility in Rangely, Colorado.
  • With the deployment of this second facility, Creek Road Miners will more than double its current hashing power, commented John D. Maatta, the Companys Co-CEO, adding, Were now laser-focused deploying our next data centers.
  • Creek Road Miners, Inc. ( www.CreekRoadMiners.com ) is a cryptocurrency mining company that leverages mobile power generation units and mining facilities in a manner that overcomes otherwise existing economic barriers.

Meten Holding Group Ltd. Provides Updates on its Digital Currency Business

Retrieved on: 
Monday, June 6, 2022
The Company, XP, Mining, Language, Company, Intellectual property, Tell Ain el Meten, METX, Growth, Student, Private Securities Litigation Reform Act, Technology, COVID-19, NASDAQ, Bitmain, Efficiency, Blockchain, Terminology, Cryptocurrency, Metaverse

SHENZHEN, China, June 6, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today provided updates on the Company's digital currency business.

Key Points: 
  • SHENZHEN, China, June 6, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today provided updates on the Company's digital currency business.
  • Aiming to hold its digital currency assets in the long term, the Company will continue to grow the scale of its digital currency business.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.
  • Meten Holding Group actively explores metaverse business, such as Metaverse vocational education courses, with its competitive advantages and technology.

LM Funding America, Inc. Reports First Quarter 2022 Financial Results

Retrieved on: 
Monday, May 16, 2022
Bitcoin, Income, Company, Private Securities Litigation Reform Act, NASDAQ, Solution, Government, LMAO, Association, Industry, Forward-looking statement, Plan, LLC, SEC, Growth, LMF, Risk, Annual report, Cryptocurrency, Online gambling, Bitmain

TAMPA, Fla., May 16, 2022 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"),a technology-based specialty finance company offering unique funding solutions to community associations that has expanded into the cryptocurrency mining business, today announced its financial results for the three months ended March 31, 2022.

Key Points: 
  • TAMPA, Fla., May 16, 2022 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"),a technology-based specialty finance company offering unique funding solutions to community associations that has expanded into the cryptocurrency mining business, today announced its financial results for the three months ended March 31, 2022.
  • Net equity per share on March 31, 2022 was $4.48 (calculated as stockholders' equity divided by 13,091,955 shares outstanding as of March 31, 2022).
  • Revenues increased to $191,000 for the quarter ended March 31, 2022 as compared with $177,000 for the comparable quarter in 2021.
  • The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.

Greenidge Generation Reports First Quarter 2022 Results and Provides April 2022 Operational Update

Retrieved on: 
Monday, May 16, 2022
Income, Use, Company, EBITDA, Depreciation, U.S. Securities and Exchange Commission, Support.com, NASDAQ, Tax, Review, Mining, Securities Act of 1933, LTM, Securities Exchange Act of 1934, Carbon, Forward-looking statement, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., THE, GAAP, Miner, LLC, Security (finance), Risk, Annual report, Table, Video game, Online gambling, Bitmain, Adjustment, Greenidge

FAIRFIELD, Conn., May 16, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, today announced financial and operating results for the first quarter of 2022 and also provided an operational update for the month of April 2022.

Key Points: 
  • Greenidge's Support.com subsidiary, which was acquired in September 2021, generated approximately $8.5 million in first quarter revenue and was not included in Greenidge's first quarter 2021 results.
  • Greenidge produced approximately 561 bitcoin during the first quarter of 2022, compared to 213 bitcoin in the first quarter of 2021.
  • The first quarter of 2022 included $2.1 million of expansion costs and $0.2 million of merger and public company filing costs.
  • About Greenidge Generation Holdings Inc.
    Greenidge Generation Holdings Inc. (NASDAQ: GREE) is a vertically integrated cryptocurrency datacenter and power generation company.

Riot Blockchain Reports Record First Quarter 2022 Financial Results, Current Operational and Financial Highlights

Retrieved on: 
Tuesday, May 10, 2022
COVID-19, Navarro, Mining, Mission statement, U.S. Securities and Exchange Commission, Failure, NASDAQ, Miner, GLOBE, Algorithm, S19, LLC, Company, Securities Exchange Act of 1934, Securities Act of 1933, BTC, Depreciation, Industry, Income, Intention, Sale, SEC, CEO, Growth, CASTLE, Cryptocurrency, Online gambling, Bookkeeping, Renewable energy, Bitcoin, Expansion, Bitmain, Riot, Whinstone

CASTLE ROCK, Colo., May 10, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, reported financial results for the three-month period ended March 31, 2022.

Key Points: 
  • CASTLE ROCK, Colo., May 10, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, reported financial results for the three-month period ended March 31, 2022.
  • Over the remainder of 2022 and beyond, Riot plans to build upon the solid foundation set to date.
  • A significant percentage of the current assets as of March 31, 2022, totaling $439.7 million, are highly liquid.
  • Riot Blockchain (NASDAQ: RIOT) focuses on mining Bitcoin, and through Whinstone, its subsidiary, hosting Bitcoin mining equipment for institutional clients.

BitNile Holdings Issues April Bitcoin Production and Mining Operation Report

Retrieved on: 
Monday, May 2, 2022
Professional Services, Data Management, Technology, Finance, Software, Hardware, Forward-looking statement, U.S. Securities and Exchange Commission, Miner, Company, NYSE, Securities Act of 1933, Securities Exchange Act of 1934, Telecommunication, Risk, III, Textile, Investor relations, NILE, Growth, Suite, Nature, Cryptocurrency, Bitcoin, Bitmain

BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (BitNile or the Company), today published an unaudited update on Bitcoin 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 production and miner installation.
  • BitNiles Bitcoin mining production is currently operating at an estimated annualized run rate of 474 Bitcoin based on current market conditions, including a mining difficulty of 29.79 trillion.
  • During the month of April 2022, BitNile self-mined 38.5 Bitcoin.
  • Once all 20,600 miners are fully deployed and operational, BitNile is expected to achieve mining production capacity of approximately 2.24 exahashes per second.

Greenidge Generation Announces Selected Preliminary Financial and Operating Results for First Quarter 2022

Retrieved on: 
Friday, April 22, 2022
Water, Environmental protection, GAAP, Carbon, Vii, LLC, U.S. Securities and Exchange Commission, Security (finance), Support.com, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., NASDAQ, Net, Annual report, Service, Compliance, EBITDA, Department, Risk, Depreciation, Securities Act of 1933, Power, Atmosphere, Securities Exchange Act of 1934, Mining, Miner, Review, GHG, Company, New York State Department of Environmental Conservation, Tax, Forward-looking statement, Time, Adjustment, Cryptocurrency, Renewable energy, Online gambling, Bookkeeping, Bitmain

FAIRFIELD, Conn., April 21, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, today announced selected preliminary financial and operating results for the first quarter of 2022.

Key Points: 
  • Greenidge produced approximately 561 bitcoin during the first quarter of 2022 and had approximately 19,400 miners with approximately 1.6 EH/s of combined capacity as of March 31, 2022.
  • Greenidge had approximately $25 million in undrawn financing commitments, bringing Greenidge's total liquidity to approximately $122 million at March 31, 2022.
  • The preliminary financial and operating results set forth above for the three months ended March 31, 2022 reflect preliminary estimates with respect to such results based solely on currently available information, which is subject to change.
  • About Greenidge Generation Holdings Inc.
    Greenidge Generation Holdings Inc. (NASDAQ: GREE) is a vertically integrated cryptocurrency datacenter and power generation company.

Acceptance of Dogecoin on the Rise as More Corporations and Even Countries Take on DOGE

Retrieved on: 
Tuesday, April 19, 2022
Litecoin, CSE, Letter, McDonald's, Ether, Viacom International Inc. v. YouTube, Inc., U.S. Securities and Exchange Commission, Security (finance), NASDAQ, Research, Securities Exchange Act of 1934, Mining, Macdonald, Forward-looking statement, Hope, Acquisition, Securities Act of 1933, Tesla, Inc., Annual report, Advertising, Bitmain, BTC, HP, Musk, Private Securities Litigation Reform Act, News, Fowler & Wells Company, Miner, AKA, Solution, DOGE, CEO, Marketing, MrBeast Burger, LLC, Twitter, Internet, AMC, Ecosystem, Communication, History, MCD, Flexa Ribeiro, FNM, Health, TSLA, PayPal, Form 10-K, Smartphone, NOT, NYSE, MIQ, Risk, SHIB, Cryptocurrency, Fast food, Public relations, Bitcoin, BC, Giga Texas, Dogecoin

VANCOUVER, BC, April 19, 2022 /PRNewswire/ -- USA News Group – A new law is giving hope in Ukraine to gaining more donations, officially legalizing transactions involving a variety of crypto and digital assets from Bitcoin (BTC) to Dogecoin (DOGE). The move went one step further than El Salvador, which recently legalized only BTC transactions, giving rise to viral photos of receipts from people buying meals from McDonald's Corporation (NYSE:MCD) with BTC. But that wasn't enough for Tesla, Inc.'s (NASDAQ:TSLA) Elon Musk, who famously tried taunting McDonald's into accepting Dogecoin. In the case of DOGE, corporations are beginning to accept it, including theater chain AMC Entertainment Holdings, Inc. (NYSE:AMC) and Petco Health and Wellness Company, Inc. (NASDAQ:WOOF). Both BTC and DOGE require miners to create new supply, and while there are several BTC miners on the market, the first to primarily mine Dogecoin is livestreaming and DOGE mining platform Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF).

Key Points: 
  • But that wasn't enough for Tesla, Inc.'s (NASDAQ:TSLA) Elon Musk, who famously tried taunting McDonald's into accepting Dogecoin .
  • The popular livestreaming platform allows its users to take part in the mining process by either owning or partly-owning crypto mining rigs.
  • Since then, Hello Pal has continuously added to its fleet of Antminer L7 mining rigs up to its current total of 400 .
  • "With the acquisition of the highly sought after L7 miners, we are excited to become a North American miner."

Acceptance of Dogecoin on the Rise as More Corporations and Even Countries Take on DOGE

Retrieved on: 
Tuesday, April 19, 2022
Litecoin, CSE, Letter, McDonald's, Ether, Viacom International Inc. v. YouTube, Inc., U.S. Securities and Exchange Commission, Security (finance), NASDAQ, Research, Securities Exchange Act of 1934, Mining, Macdonald, Forward-looking statement, Hope, Acquisition, Securities Act of 1933, Tesla, Inc., Annual report, Advertising, Bitmain, BTC, HP, Musk, Private Securities Litigation Reform Act, News, Fowler & Wells Company, Miner, AKA, Solution, DOGE, CEO, Marketing, MrBeast Burger, LLC, Twitter, Internet, AMC, Ecosystem, Communication, History, MCD, Flexa Ribeiro, FNM, Health, TSLA, PayPal, Form 10-K, Smartphone, NOT, NYSE, MIQ, Risk, SHIB, Cryptocurrency, Fast food, Public relations, Bitcoin, BC, Giga Texas, Dogecoin

VANCOUVER, BC, April 19, 2022 /PRNewswire/ -- USA News Group – A new law is giving hope in Ukraine to gaining more donations, officially legalizing transactions involving a variety of crypto and digital assets from Bitcoin (BTC) to Dogecoin (DOGE). The move went one step further than El Salvador, which recently legalized only BTC transactions, giving rise to viral photos of receipts from people buying meals from McDonald's Corporation (NYSE:MCD) with BTC. But that wasn't enough for Tesla, Inc.'s (NASDAQ:TSLA) Elon Musk, who famously tried taunting McDonald's into accepting Dogecoin. In the case of DOGE, corporations are beginning to accept it, including theater chain AMC Entertainment Holdings, Inc. (NYSE:AMC) and Petco Health and Wellness Company, Inc. (NASDAQ:WOOF). Both BTC and DOGE require miners to create new supply, and while there are several BTC miners on the market, the first to primarily mine Dogecoin is livestreaming and DOGE mining platform Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF).

Key Points: 
  • But that wasn't enough for Tesla, Inc.'s (NASDAQ:TSLA) Elon Musk, who famously tried taunting McDonald's into accepting Dogecoin .
  • The popular livestreaming platform allows its users to take part in the mining process by either owning or partly-owning crypto mining rigs.
  • Since then, Hello Pal has continuously added to its fleet of Antminer L7 mining rigs up to its current total of 400 .
  • "With the acquisition of the highly sought after L7 miners, we are excited to become a North American miner."

Dogecoin's (DOGE) Value and Transaction Volume Continues to Rise as New Financial Instruments Arrive

Retrieved on: 
Tuesday, April 19, 2022
Bitcoin, Ethereum, Litecoin, CSE, Robinhood (company), Letter, Bitmain, Iannone, BTC, HP, Viacom International Inc. v. YouTube, Inc., EBay, ETH, Burger, NASDAQ, Restaurant Brands International, Robin Hood, The Street, News, Goal, Rumor, Non-fungible token, Haas, Food, Internet, Social media, Payment card, Mining, QSR, Interview, History, NYSE, DOGE, EBAY, The Burger King, Burger King, Acquisition, Attention, LTC, Cryptocurrency, Online shopping, Coinbase, Dogecoin, BC

VANCOUVER, BC, April 18, 2022 /PRNewswire/ -- USA News Group –There's been a resurgence in attention towards Dogecoin (DOGE), after a series of recent whale moves (extremely large transactions). Analysts have seen big things for DOGE, including a forecast of a return to its previous $0.73 level by the end of 2024, which would represent a 500% increase from the price as of March 22, 2022. While whale moves tend to trend the coin higher, it's the addition of accessibility that ultimately brings on higher demand, including the Robinhood Markets, Inc. (NASDAQ:HOOD) announcement that its new Cash Card can invest your spare change into Bitcoin (BTC), Ethereum (ETH), and DOGE. Rumors are also circulating that eBay Inc. (NASDAQ:EBAY) could soon accept the same cryptocurrencies for payments. Other ways to obtain the memecoin include from global crypto exchange Coinbase Global, Inc. (NASDAQ:COIN), sometimes as Burger King rewards from Restaurant Brands International (NYSE:QSR) and for livestreaming on the popular social media platform Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF).

Key Points: 
  • Reaction to the announcement was swift, causing a surge in traffic so heavy it temporarily caused a website outage .
  • So far the decision's paid off, as Hello Pal's addition of Litecoin/Dogecoin mining rigs delivered strong additional revenues in the most recent quarter.
  • Since then, it's gone on add to its fleet of Antminer L7 mining rigs to its current total of 400 .
  • "With the acquisition of the highly sought after L7 miners, we are excited to become a North American miner."