MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC

October 3, 2024 Bitcoin.com

MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA Strengthens Mining Operations, Grows Bitcoin Reserves to 26,842 This week, the publicly listed bitcoin (BTC) mining company MARA (Nasdaq: MARA) highlighted several operational improvements for […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Cleanspark CEO Predicts Bitcoin $200K Peak Within 18 Months

October 2, 2024 Bitcoin.com

Bitcoin

Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin’s value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven by bitcoin’s current price behavior and broader market dynamics. He also links the U.S. presidential election to potential price surges, while emphasizing the advantages of […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal

August 13, 2024 Bitcoin.com

Cleanspark Secures 26,000 Bitmain Immersion Miners in 7.7M Deal

ASIC miners

Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge immersion miners, known for their quieter operation and impressive hashrate performance, are gaining traction in the industry. Cleanspark to Acquire Next-Gen Immersion-Cooled Mining Rigs From […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Bitcoin Miner Cleanspark Acquires Wyoming Mining Site

August 2, 2024 Bitcoin.com

Bitcoin mining

Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity through a 30 MW immersion-cooled data center expected to be operational by the end of […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital

April 26, 2022 Bitcoin.com

Bitcoin

On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures With $35 Million in Financing From Trinity Capital Cleanspark has revealed it has […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Bitcoin Mining Company Cleanspark to Kick-Start 20 MW Immersion Cooling Initiative

December 11, 2021 Bitcoin.com

Bitcoin

Cleanspark, a sustainability-focused bitcoin mining company, has announced it will kick-start a 20 MW initiative in its Norcross bitcoin mining facility where miners will be cooled via immersion. The company will host more than 5,900 miners in this facility, which will be submerged into tanks of a biodegradable liquid. Cleanspark states this will help them […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment

November 29, 2021 Bitcoin.com

Bitcoin

Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this cooling alternative will become mainstream in the future, as leading companies are already taking advantage and retrofitting these cooling devices to existing mining operations. Immersion […]

immersion cooling

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