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Search Results for: bitcoin mining software

US Bitcoin Corp (USBTC) Secures Deal with Celsius to Host 8,500 Miners at the Alpha Site

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

August 31, 2023 7 mins read

US Bitcoin Corp Announces July 2023 Production and Operations Updates

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

August 18, 2023 7 mins read

Bitcoin Mining Firm Riot Platform Posts Q2 Net Loss of $27.7M

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

August 10, 2023 1 min read

Ault Alliance Announces Its Subsidiary, Sentinum, Inc., Has Mined 909 Bitcoin From January 1, 2023 Through July 31, 2023

For the Month of July 2023 Sentinum Has Mined 145 Bitcoin for a Total Annualized Run Rate of 1,740 Bitcoin LAS VEGAS–(BUSINESS WIRE)–$AGREE #145_Bitcoin_mined_July_2023—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its wholly-owned subsidiary, Sentinum, Inc., mined a combined total

August 4, 2023 4 mins read

Modulus Security Bulletin to Digital Assets Exchange Operators: Extreme Risk in Using Chinese Software Providers

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#crypto–Today, Modulus, a US-based developer of ultra-high-performance trading and surveillance technology that powers global equities, derivatives, and digital asset exchanges, issued a security bulletin warning digital assets exchange operators of the dangers created by using Chinese software. This includes vendors which claim to be headquartered in Singapore but

July 21, 2023 6 mins read

Ault Alliance Announces Its Subsidiary, BitNile, Inc., Has Deployed and Energized a Total of 19,000 Miners at Its Michigan Data Center and Through Its Bitcoin Mining Collaboration With Core Scientific

BitNile Has Energized 19,000 of Its 19,900 Miners; When Fully Deployed, Will Increase Hash Rate from 2.1 Exahashes to 2.2 Exahashes per Second, at an Annualized Revenue Run Rate of $56 Million LAS VEGAS–(BUSINESS WIRE)–$AP #19000_Bitcoin_miners—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”),

May 24, 2023 4 mins read

Cipher Mining Partners With Canaan Inc. Buying 11k Mining Machines

Over 11k new mining machines have been purchased by Cipher Mining (CIFR), a major Bitcoin mining data center company. This purchase happened with Canaan Inclusion, a computing solutions provider on May 9, Tuesday.  Furthermore, the announcement of new A1346 model mining machines is getting ready to be launched in the

May 9, 2023 1 min read

Jack Dorsey’s Block Develops High-Performance Bitcoin Mining ASIC

The prototype design of a high-performance Bitcoin mining ASIC at 5 nanometers has been completed by Jack Dorsey’s business, Block. On April 28, 2023, the corporation updated its website with the news. The American company acknowledged the technological and financial difficulties of manufacturing bitcoin mining ASICs. As a result, there

April 30, 2023 1 min read