Bitcoin mining difficulty increased by 6.98% yesterday to 72.01 T
According to BTC.com data, the Bitcoin mining difficulty adjustment occurred at block height 822,528 (14:04:24 on December 23, 2023), with a 6.98% increase to 72.01 T, reaching a new historical high. Currently, the average network computing power is 531.98 EH/s.
Marathon Digital acquires multiple Bitcoin mining farms for approximately $179 million
Marathon Digital Holdings, Inc. has reached a final acquisition agreement with Generate Capital and a subsidiary of PBC to acquire two currently operational Bitcoin mining facilities with a total capacity of 390 megawatts for a total of $178.6 million, which will be paid in cash from Marathon's balance sheet.
Bitcoin miner Core Scientific postpones final hearing on bankruptcy exit to January 10 next year
Core Scientific, a Bitcoin mining company, has postponed its final joint hearing for bankruptcy and exit from December 22nd to January 10th of next year. Currently, an additional global settlement plan has been reached, and the deadline for equity issuance has been extended to December 28th.
Cipher Mining spends $99.5 million to purchase Bitmain T21 mining machine
Cipher Mining, a Bitcoin mining company, announced that it has signed an agreement with Bitmain to purchase 37,396 of the latest generation Antminer T21 mining machines. Delivery is expected in the first half of 2025.
Bitcoin Miner Hut 8 Will Help Celsius Build Mining Farm in Texas
On December 18th, Bitcoin mining company Hut 8 signed a temporary agreement with Celsius to build a mining farm and deploy mining machines in Cedarvale, Texas, USA. Hut 8 will build a mining farm that can accommodate 66,000 mining machines and has a power supply of 215 megawatts.
Cathedra Bitcoin announces partial debt settlement and bond extension
Cathedra Bitcoin, a Bitcoin mining company, announced that it has settled some of its outstanding principal and repaid 2,000,000 Canadian dollars. As of the date of the agreement, the total outstanding principal of the bond is equal to 5,733,728 Canadian dollars. In addition, the maturity date of the remaining principal has been extended by an additional 12 months to November 11, 2025. The bond has not undergone any other changes, and the company will continue to pay quarterly interest at an annual interest rate of 3.5% based on the remaining principal balance until the extended maturity date, at which time the remaining principal will be fully due.
Bitcoin mining company Stronghold produced 193 BTC in November
On December 12th, Bitcoin mining company Stronghold Digital Mining announced that it produced 193 BTC in November, with energy income of about $700,000.
Bitcoin miner Stronghold produced 193 BTC in November
Bitcoin mining enterprise Stronghold released its 2023 November operational and financial performance update report, which showed a production of 193 Bitcoins in November and generated about $700,000 in energy revenue, an increase of about 4% compared to the previous month (198 Bitcoins and $100,000 energy revenue).In addition, the company created about $7.2 million in revenue in November, setting a record for the highest monthly revenue in 2023.
Phoenix signs $380 million green Bitcoin mining deal with WhatsMiner
Phoenix will acquire water-cooled mining equipment worth over $136 million from WhatsMiner and has the option to purchase an additional $246 million worth of equipment. WhatsMiner's hydraulic cooling equipment series was released in 2022 and, according to the company's website, the current prices range from $1,008 to $2,484.
Iris Energy announced that it will spend US$18.6 million to purchase a batch of Bitmain T21 mining machines
On December 6th, Iris Energy, a Bitcoin mining company, announced that it will spend $18.6 million to purchase a batch of Bitmain T21 miners (1.3 EH/s).<br>It is reported that Iris Energy's expansion project at the 80MW data center in Childress is still on schedule for gradual delivery from January 2024 to the second quarter of 2024, supporting the company's total computing power to increase to 10 EH/s.
