To enable the transmission of orders and signals to Bitcoin mining gears, Tether developers are releasing ground-breaking JavaScript libraries. Tether CTO Paolo Ardoino announced on Twitter that certain components of the mining software would be released as open source in the future. Improved efficiency in managing mining capacity is the
Stocks in the cryptocurrency and mining sector were upbeat after Bitcoin’s two-year high of $50,363 on February 12th. Crypto-mining equities and MicroStrategy (MSTR) both had double-digit increases over the last week, which is similar to BTC’s 17.5% rise. In the last day, MSTR stock has climbed 11% to $719, and
Valkyrie combines its expertise in investment management, successful crypto track record to launch one of the first spot bitcoin ETFs in the U.S. NASHVILLE, Tenn.–(BUSINESS WIRE)–$BRRR #bitcoin—Valkyrie Investments Inc. (“Valkyrie”), a specialized digital asset investment management company, is proud to announce the launch of the Valkyrie Bitcoin Fund (NASDAQ: BRRR)
MIAMI–(BUSINESS WIRE)–Today, U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp (USBTC) is thrilled to announce that its stockholders have overwhelmingly voted in favor of the proposed business combination (the “Transaction”) with Hut 8 Mining Corp. (“Hut 8”) (Nasdaq: HUT) (TSX: HUT), one of North America’s largest and innovative digital
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 813,695) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQB: CBTTF) (“Cathedra” or the “Company”), a diversified bitcoin mining company, is pleased to announce the launch of CathedraOS (the “Firmware”), an aftermarket software product for bitcoin mining machines. Product Overview Over the last year, Cathedra has pioneered the
The Volcano Energy initiative in El Salvador, in conjunction with Lava Pool and Luxor Technology, has built the country’s first local Bitcoin mining pool. Bitcoin-friendly El Salvador is planning to produce electricity from renewable sources to support future Bitcoin mining operations, and the country’s $1 billion renewable energy initiative grabbed
Celsius Mining LLC to Acquire and Operationalize Core Scientific’s Partially Developed Ward County Bitcoin Mining Data Center Site; Companies Agree to Settle All Existing Litigation AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, and
MIAMI–(BUSINESS WIRE)–U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC” or “the Company”), a leading operator of large-scale data centers for new-age workloads such as digital asset mining, is thrilled to announce that it has secured a deal with Celsius Network LLC (“Celsius”) to host an initial 8,500 miners
MIAMI–(BUSINESS WIRE)–U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC” or “the Company”), a leading operator of large-scale data centers for new-age workloads such as digital asset mining, today shared production and operations updates for July 2023. The Company generates revenue from self-mining, hosting, and property management services. Below
Riot Platforms, a Bitcoin mining company headquartered out of Colorado, cut its quarterly net loss to $27.7 million as it increased Bitcoin output and hit record hash rate capacity. A 27% year-over-year rise in Bitcoin output, although being somewhat offset by a fall in Bitcoin prices, led to the cryptocurrency
