💎 Cleanspark has entered into a deal with Bitmain to acquire 26,000 next-generation mining rigs S21XP Immersion

➡️ The cost of the transaction is $167.7 million. Each rig has a nominal hashrate of 300 THs, and the total capacity of the purchased rigs is 7,800,000 THs at an average price of $21.5/TH.

#CLSK #BTC #Mining

💎 Bitfarms Ltd. acquires Stronghold for $175 million ☄️

The mining company Bitfarms Ltd has completed negotiations to acquire Stronghold Digital Mining Inc., while rejecting an acquisition offer from Riot Platforms Inc.
✔️ The deal is valued at $125 million in share capital and about $50 million in debt.
Stronghold shareholders will receive 2.52 shares of Bitfarms for each of their shares.
The merger will increase Bitfarms' capacity by providing access to electricity through Stronghold, which has its own generation and connection to local networks.

#Mining #BITF #SDIG

💎 Bernstein notes growing investor interest in bitcoin miners pivoting to AI and HPC

✔️ The strategy involves using mining platforms as advanced data processing centers for AI, high-performance computing (HPC), and maintaining bitcoin mining operations in the background.

#BTC #Mining #AI #HPC

💥 The new development by D-Central Technologies expands solo-miners capabilities thanks to Bitaxe Gamma, achieving speeds of up to 1.2 TH/s at only ~15 J/TH.

💎 Powered by the single-chip BM1370 ASIC from Antminer S21 PRO, Bitaxe Gamma aims to increase the performance of individual miners, providing a more distributed, secure and sustainable blockchain ecosystem.

⚡️ Include power supply 5V/5A
💵The cost of the device is $200 USD.

#BTC #Mining #

🔝 TOP Publicly traded Bitcoin Miners ranked by $BTC HODL

#BTC #Mining

💎🇧🇹 Bhutan is mining Bitcoin with renewable hydropower and no carbon footprints! 🔥

#Mining #BTC

💎 The reserves of BTC mining companies in over-the-counter (OTC) markets have increased by 70% over the past three months and reached 368,000 BTC (about $22.4 billion), which is a two-year high.

📈 Historically, an increase in this metric has been accompanied by a fall in the price of the first cryptocurrency, as it was in 2018 and 2021.

#BTC #Mining

💎 Promo video from Riot Platforms, Inc.

"Flying through what will be the largest Bitcoin mine on earth - Riot’s B1 facility in Corsicana, Texas"👀

#BTC #RIOT #Mining

📊 JPMorgan lowers bitcoin mining stock targets amid price drop and rising hashrate

A JPMorgan report has reduced its price targets for bitcoin mining stocks due to declining bitcoin prices and a rising network hashrate.
➡️ However, the report noted that enhanced efficiencies at Riot Platforms’ facilities and a recent drop in Iris Energy’s stock price present potential opportunities.

#JPM #RIOT #IREN #Mining

💎 As of August 25, 2024, DCG's Foundry USA and Bitmain's Antpool have become the largest Bitcoin mining pools, accounting for 56.7% of the total bitcoin network hashrate.
🔗 The total Bitcoin network hashrate is about 651 EH/s, with Foundry accounting for 215.79 EH/s and Antpool accounting for 153.55 EH/s

#BTC #Mining

💎 DIY closed loop solar Bitcoin mining rig

#BTC #Mining

💎 Malaysian authorities destroy over 900 bitcoin mining rigs amid power theft crackdown
Local police crushed the rigs with a steamroller — as shown in a video — as a warning that the authorities are continuing to crack down on electricity theft linked to bitcoin mining.
The authorities destroyed $452,500 worth of mining machines, local media reported.

#Mining