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Miner Weekly: Bitcoin Miners Back at Survival Mode — Again
Bitcoin’s cooled off to the low $100Ks, down from those giddy $120K-plus highs earlier this year, pushing hashprice to the critical $40/PH/s line that marks the boundary between “tight margins” and “time to unplug.”
Canaan Secures $72M from Brevan Howard, Galaxy, and Weiss as Bitcoin Stocks Slide
Bitcoin miner manufacturer Canaan has secured a $72 million equity investment from Brevan Howard, Galaxy Digital, and Weiss Asset Management in a step to deepen ties with institutional investors.
Cipher Plans $1.4B Debt Offering to Fund Texas HPC Data Center Following AWS Deal
Cipher Mining plans to raise $1.4 billion through a private debt offering to finance the construction of its Barber Lake HPC facility in Texas, following the lease with AWS.
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