Stronghold Digital Mining Announces $10 Million Private Placement to Fund Purchase of Bitcoin Miners
Stronghold Digital Mining has entered into securities purchase agreements with an institutional investor and the company's CEO, Greg Beard, to sell 9,000,000 shares of Class A Common Stock and share equivalents to the institutional investor and 1,000,000 shares of Class A Common Stock to Mr. Beard, at a price of $1.00 per share equivalent.
Crypto Morning Briefing: Crypto Exchange Coinbase Receives License To Operate in Bermuda
Tornado Cash Developer Will Finally Be Released From Jai; zkSync Era Surges Ahead Of Polygon’s zkEVM As It Onboards This DeFi Protocol; CryptoPunks NFT in Centre Pompidou ‘Quite a Surprise’
Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023
Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176.
Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager
Bitcoin miner Mawson Infrastructure (MIGI) said it agreed to sell its sites in Texas to a Singapore fund for $8.5 million in cash and stablecoins.
Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager
Bitcoin miner Mawson Infrastructure has agreed to sell its sites in Texas to Mainnet Capital's M Turing VCC Oracle Phase 1 Fund for $8.5 million in cash and stablecoins. The deal involves Luna Squares Texas LLC, which owns contracts and leases for sites in Midland, Texas.
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
Bitcoin miner Bitdeer listed today on the Nasdaq after several delays, to lukewarm reception, as the shares of the miner, under the ticker BTDR , lost almost 30% of their value, trading around $6.81 at the time of publication.
Bitcoin Miner Stocks Continue Torrid Run as $30K Level Holds
A strong week for bitcoin miners got even stronger on Thursday, with the share prices of several again posting double-digit percentage gains as bitcoin (BTC) rose more than 2% to $30,500.
Riot Platforms' Tongue-in-Cheek Response to Carbon Emissions Criticism Sparks Twitter Reactions
The Times found that in Texas, the heightened demand from mining led to a nearly 5% increase in electric bills, amounting to an additional $1.8 billion per year.
Bitcoin Miner Riot Platforms Responds to NYT With Cheeky Video Saying Facility Doesn’t Literally Produce CO2
Bitcoin miner Riot Platforms posted a tongue-in-cheek video and a written statement defending itself after The New York Times published a story about the "enormous carbon pollution" and high electricity costs created by the mining industry.
Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs
The Texas Senate passed a bill that will cap how much bitcoin (BTC) miners can participate in demand response programs, under which they get paid to curtail their operations at times of high energy demand.