Raised $365 million since Q2 and bought corporate jet for $10.8 million
MineOne sites previously halted by President Biden
Pure-play miners going Microstrategy route
Hashprice down to $46/PH/s following record difficulty
Transaction valued at $1.54 million per MW
Big fish are crowding out the competition
June production declined by 4.2% despite a lower network hashrate
Public miners boost capacity while network hashrate declines
Total enterprise value of the transaction is $155 million including payment and assumption of debt
As bitcoin mining gains unexpected attention in political debates, what are the implications for the industry?
GRIID mined 66 BTC in Q1 with a realized hashrate of 0.41 EH/s
Expansion plans of nearly 900 megawatts since halving