Rigs

Closure of Two Russian Crypto Mining Facilities Results in Over 400 Offline Rigs

Closure of Two Russian Crypto Mining Facilities Results in Over 400 Offline Rigs

Wyatt NewsonFeb 12, 20243 min read

Russian Crypto Mining Efforts Suffer Setback as Police Shut Down Illegal Data Centers Russian crypto mining faced a setback as police closed two large, illegal data…

South Korea’s Customs Officer Foils Smuggling of Cryptocurrency Mining Rigs

South Korea’s Customs Officer Foils Smuggling of Cryptocurrency Mining Rigs

Wyatt NewsonFeb 1, 20242 min read

South Korean Customs Officer Foils Crypto Mining Rig Smugglers A staff member at South Korea’s Customs Service has been rewarded for stopping smugglers from illegally bringing…

The Top 5 ASIC Mining Hardware for Bitcoin Mining: A Comparison of the Best Rigs in 2024

The Top 5 ASIC Mining Hardware for Bitcoin Mining: A Comparison of the Best Rigs in 2024

Gapster InnesJan 31, 20241 min read

In the world of Bitcoin, trading and mining are both popular topics. Bitcoin mining began in 2009 and has gained significant attention since then. The upcoming…

Canaan, a Leading Manufacturer of Bitcoin Mining Rigs, Secures $50 Million via Sale of Preferred Shares

Canaan, a Leading Manufacturer of Bitcoin Mining Rigs, Secures $50 Million via Sale of Preferred Shares

Benito CormiJan 25, 20242 min read

Canaan Secures $50 Million Through Sale of Preferred Shares Canaan, a publicly traded manufacturer of bitcoin mining rigs, has revealed in a filing with the U.S.…

Boosting Bitcoin Mining Capacity: CleanSpark Acquires 60,000 S21 Rigs from Bitmain

Boosting Bitcoin Mining Capacity: CleanSpark Acquires 60,000 S21 Rigs from Bitmain

Benito CormiJan 9, 20243 min read

Cleanspark Expands Mining Operations with Bitmain S21 Miner Purchase Cleanspark, a Nasdaq-listed bitcoin mining firm, has announced its acquisition of 60,000 S21 miners from Bitmain, boosting…

Preparing for Bitcoin Halving: Marathon Focuses on Strengthening Rigs

Preparing for Bitcoin Halving: Marathon Focuses on Strengthening Rigs

Demian CrypterDec 19, 20232 min read

Bitcoin Miner Marathon Digital Holdings Prepares for Halving Marathon Digital Holdings, a Bitcoin miner, is getting ready for the halving event. The company has announced the…

Iris Energy Plans to Increase Capacity in 2024 After Investing $22M in Bitmain Rigs

Iris Energy Plans to Increase Capacity in 2024 After Investing $22M in Bitmain Rigs

Wyatt NewsonDec 15, 20233 min read

Renewable Bitcoin Mining Company Iris Energy Increases Mining Capacity Iris Energy, a renewable Bitcoin mining company, has announced the acquisition of 1.6 EH/s of Bitmain T21…

Expansion Plans: Iris Energy to Increase Capacity in 2024 After Investing $22M in Bitmain Rigs

Expansion Plans: Iris Energy to Increase Capacity in 2024 After Investing $22M in Bitmain Rigs

Wyatt NewsonDec 15, 20232 min read

Iris Energy Increases Mining Capacity with Acquisition of Bitmain Miners Renewable Bitcoin mining company, Iris Energy, has announced the acquisition of 1.6 EH/s of Bitmain T21…

Acquisition of Mining Rigs Worth $291 Million by Riot Platforms, Securing Favorable Pricing for Future Investments

Acquisition of Mining Rigs Worth $291 Million by Riot Platforms, Securing Favorable Pricing for Future Investments

Owen PatterDec 5, 20233 min read

A Reliable and Successful Mining Company Riot Platforms is a prominent player in the cryptocurrency mining industry, known for its consistent revenue generation. The company’s strength…

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