Marathon

Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals

July 19, 2022 Bitcoin.com

23.3 EH/s

The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s). Marathon Secures 254 MW of Bitcoin Mining Capacity — […]

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies

April 6, 2022 Bitcoin.com

42 EH/s

According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed miners’ share of Bitcoin’s hashrate is roughly 19% today, up 3% since January 2021. Publicly Listed Bitcoin Miners Continue to Grow, […]

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Marathon Announced New Purchase of Bitmain Miners, Expects to Reach 23.3 EH/s for Early 2023

December 25, 2021 Bitcoin.com

bitcoin.com

Marathon, one of the leading bitcoin mining companies in North America announced it has entered a new purchase agreement with Bitmain, a bitcoin mining machine manufacturer. This deal would allow them to acquire an undisclosed number of Antminer S19 XP models, an ASIC capable of delivering 140 TH/s while being more efficient than its previous […]

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables

December 3, 2021 Bitcoin.com

agreement

Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that secured positioning for 73,000 mining machines in Texas. Now, the new partnership secures […]

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs

November 15, 2021 Bitcoin.com

$500 million

On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets to Purchase Bitcoin and ASIC Devices Marathon (Nasdaq: MARA), is one of the largest U.S. […]

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Nevada-Based Bitcoin Mining Operation Cleanspark Purchases 4,500 Bitcoin Miners From Bitmain

October 12, 2021 Bitcoin.com

ASIC bitcoin miners

Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased by leveraging a portion of the company’s bitcoin holdings. Cleanspark Purchases 4,500 ASIC Mining Rigs From Chinese Manufacturer Bitmain The publicly-listed bitcoin mining firm Cleanspark […]

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Crypto Miners Are Stockpiling Bitcoin and Ethereum Rewards

October 8, 2021 The Crypto Briefing

Source: Crypto Briefing Go to Source Author: Timothy Craig

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More

August 31, 2021 Bitcoin.com

1.4 gigawatts

The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also has the option to purchase an additional 180,000 […]

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon

August 5, 2021 Bitcoin.com

Bitcoin mining

Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July, spending around $20 million for the shares. Fidelity Investments Scoops Up Shares of Marathon for $20 […]

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Publicly Listed Bitcoin Miner Marathon Purchases 30,000 Mining Rigs from Bitmain

August 3, 2021 Bitcoin.com

$120 Million

On Monday, the publicly listed bitcoin mining firm Marathon Digital Holdings announced that it purchased 30,000 S19j Pro Antminers from Bitmain. According to the company, once the new lot of mining rigs are fully deployed, Marathon will gain 13.3 exahash per second (EH/s) from the newly added machines. Marathon Buys 30K Miners for $120 Million […]

Read more

Solana ETF Momentum Grows Amid Reports of SEC Engagement