Bitcoin mining

MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering

November 23, 2024 Bitcoin.com

Bitcoin mining

MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030. Nasdaq Listed Bitcoin Miner MARA Buys 5,771 Bitcoin Following Sale of Convertible Notes MARA Holding, listed as MARA on Nasdaq, stated that the funds will go toward acquiring […]

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension

From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation

November 21, 2024 Bitcoin.com

Bitcoin mining

Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy amid increasing demand for AI-driven computing. Core Scientific’s Denton Campus to Host $6.1 Billion AI Project Core Scientific’s (Nasdaq: CORZ) revised lease agreements and power […]

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension

Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive

November 20, 2024 Bitcoin.com

Bitcoin mining

Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner Canaan Bolsters U.S. Presence The announcement published on Wednesday says Canaan (Nasdaq: CAN) aims to reach a computing capacity of 10 exahash per second (EH/s) […]

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension

Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa

November 19, 2024 Bitcoin.com

Bitcoin mining

Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing U.S. Presence Compass Mining has announced the development of a bitcoin mining facility on a five-acre site in Iowa. The company plans to energize eight megawatts (MW) […]

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension

Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp

November 16, 2024 Bitcoin.com

Bitcoin mining

Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to revamp its current equipment. Hive Doubles Down on Paraguayan Mining Bet, Announces […]

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension

Bitfufu Secures $100 Million Credit Line From Antpool Technologies

November 12, 2024 Bitcoin.com

Bitcoin

Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings. Antpool Backs Bitfufu With $100 Million Credit Agreement In a move reflecting Bitfufu‘s ambitious growth goals, the cryptocurrency mining company entered into a two-year Master Loan Agreement (MLA) with Antpool Technologies. Under this arrangement, […]

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension

‘Volmageddon’ — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B

November 12, 2024 Coin Telegraph

All-Time High Price

The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000. 

Bitcoin’s 11% rally to $89,500 on Nov. 11 has pushed United States spot Bitcoin exchange-traded funds (ETFs), MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record $38 billion in combined daily trading volume.

The record day far surpassed the previous high of around $25 million set in March amid Bitcoin (BTC) breaking through a long-held price peak, according to Bloomberg Intelligence data cited by Bloomberg ETF analyst Eric Balchunas.

“Lifetime records being set all over the place,” Balchunas said. He noted that BlackRock’s iShares Bitcoin Trust ETF (IBIT) alone saw a record $4.5 billion in trading volume.

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension

Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals

November 8, 2024 Bitcoin.com

Bitcoin

Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses Modest Bitcoin Output Gains Vancouver-based Hive Digital (Nasdaq: HIVE) reported incremental growth in its bitcoin production for October, maintaining consistent operational metrics while advancing its mining infrastructure. The publicly listed mining firm, which […]

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension

Jack Dorsey’s Block Bets Big on Bitcoin Mining 

November 8, 2024 Bitcoin.com

Bitcoin mining

Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New Investment Focus on Bitcoin Mining Infrastructure In a letter to shareholders, Block identifies bitcoin mining as a key growth path, driven […]

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension

Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally

November 6, 2024 Bitcoin.com

Bitcoin

After last week’s turbulent period, publicly traded bitcoin mining companies rebounded on Wednesday, celebrating a strong performance as Trump clinched the White House. Bitcoin Mining Stocks See Explosive Gains On Nov. 6, bitcoin mining stocks rallied, riding high alongside bitcoin, which hovered at $74.6K by 9:40 a.m. ET on Wednesday. MARA Holdings (MARA), boasting the […]

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Crypto AI Agent Raises $7.5M in Less Than a Day Before Sudden X Suspension