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NEWS

Rhodium Files Chapter 11 for Bitcoin Mining Subsidiaries
NEWS

Rhodium Files Chapter 11 for Bitcoin Mining Subsidiaries

Rhodium seeks court's decision on certain executory contracts with Winstone US

August 24, 2024
Bitcoin Fees Spike Amid Babylon Staking Mainnet Launch
NEWS

Bitcoin Fees Spike Amid Babylon Staking Mainnet Launch

More than 50 BTC in total fees over the past hour

August 22, 2024
Miner Weekly: Public Firms Cut Bitcoin Mining Costs
NEWS

Miner Weekly: Public Firms Cut Bitcoin Mining Costs

Median total hashcost dropped to $51/PH/s in Q2

August 22, 2024
Riot Nears 20% in Bitfarms, Close to Trigger ‘Poison Pill’
NEWS

Riot Nears 20% in Bitfarms, Close to Trigger ‘Poison Pill’

Riot has invested $180 million since April in accumulating 19.9% of Bitfarms

August 21, 2024
Bitfarms Expands US Bitcoin Mining with $175M Stronghold Merger
NEWS

Bitfarms Expands US Bitcoin Mining with $175M Stronghold Merger

Stronghold resumed a $1.6 million monthly debt amortization in July

August 21, 2024
BitFuFu’s Cloud Mining Clients Paid $60k Per Bitcoin in Q2
NEWS

BitFuFu’s Cloud Mining Clients Paid $60k Per Bitcoin in Q2

Implied hashcost suggests they are mining at gross loss at the moment

August 20, 2024
Malaysian Police Steamroll 985 Bitcoin Miners Again in Power Theft Crackdown
NEWS

Malaysian Police Steamroll 985 Bitcoin Miners Again in Power Theft Crackdown

Power theft for bitcoin mining has reportedly cost Malaysia $776 million since 2018

August 19, 2024
Bitcoin Miner Greenidge Sues NY Regulator over Permit Renewal
NEWS

Bitcoin Miner Greenidge Sues NY Regulator over Permit Renewal

Greenidge operated 3 EH/s in Q2, of which 1.2 EH/s was proprietary and 1.8 EH/s was associated with colocation

August 19, 2024
Bitdeer Joins Bitcoin Miners to Issue $150M Convertible Notes
NEWS

Bitdeer Joins Bitcoin Miners to Issue $150M Convertible Notes

Bitdeer raised $50 million and $106 million via stock offerings in Q1 and Q2, respectively.

August 15, 2024
Miner Weekly: Bitcoin Miners Raised $2.1B Since Q2 via Stocks
NEWS

Miner Weekly: Bitcoin Miners Raised $2.1B Since Q2 via Stocks

And debt is trending up too!

August 15, 2024
Marathon Buys Bitcoin with $249M from Convertible Notes
NEWS

Marathon Buys Bitcoin with $249M from Convertible Notes

Marathon has raised $1 billion via stock offerings year-to-date

August 14, 2024
Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt
NEWS

Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt

Core paid $14.7 million in interest expenses during Q2

August 13, 2024