Energy Company Turned Miner Produced A Record 532 BTC In October
CleanSpark saw a record bitcoin production in October following recent investments in growth amid a battered mining market.CleanSpark Inc., an energy company turned bitcoin miner, produced a record amount of new BTC last month.The Nasdaq-traded firm said in a statement sent to Bitcoin Magazine that it had mined 532 bitcoin in October, representing a nearly 20% increase from its September production. In addition, the company also shared some updates on its immersion-cooled farm.“I’m excited to announce that Phase 2 of our immersion-cooled mining campus in Norcross is now....
Related News
The bitcoin mining company increased its ASIC fleet by 4,000 machines, driving up its hash rate and delivering a record-breaking revenue of $3.8 million.
The miner now holds nearly 4,000 bitcoin and expects to reach a hash rate capacity of 8.6 EH/s in 2022.
The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date. Bitcoin (BTC) mining company Marathon Digital Holdings is now understood to be the second-largest holder of Bitcoin in the world among publicly-listed companies.During the company’s third-quarter earnings call on Nov. 8, Marathon Digital CEO Fred Thiel revealed the company now holds 11,300 Bitcoin — worth around $205 million — “making Marathon the second largest holder of Bitcoin among publicly traded companies worldwide, ” referring to unnamed third-party....
Crypto miner Marathon Digital increased its Bitcoin hashrate by 84% in October, and mined a record 615 BTC during the month. Marathon Digital Brings 32k Bitcoin Mining Rigs Online, Raising Hashrate By 84% As per a press release from the public mining company, October 2022 was the most productive month in the history of the […]
The company is facing a cash flow crisis due to tough market conditions. According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default notice from mining rig manufacturer Bitmain Technologies.The notice alleged that Iris Energy failed to "engage in good faith restructuring discussions" for certain principal payments due on Nov. 8. Additionally, Iris Energy received a separate notice last week from creditors alleging that it "failed to maintain sufficient insurance" and would constitute a default if not....