Wednesday, September 22, 2021
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Bitcoin miner maker Canaan records highest quarterly profit since 2019 IPO

Despite the price decline for Bitcoin (BTC) in Q2 2021, mining hardware maker Canaan has recorded significant business gains during the period.According to Canaan’s unaudited Q2 financials published on Tuesday, the company recorded over $1 billion Chinese renminbi (about $167.5 million) in total net revenue for Q2. This figure marks

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Bitcoin miner Greenidge set for Nasdaq listing through merger

Bitcoin mining and power generation company Greenidge is set to complete a merger with customer and technical support solutions provider Support.com to become the latest publicly listed mining firm. Once the merger transaction is complete, Support.com Inc. will become a wholly-owned subsidiary of Greenidge Generation Holdings Inc. The new entity’s Class

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Canadian Bitcoin miner Blockstream joins crypto unicorns with $3.2B valuation

Canada-based Bitcoin (BTC) infrastructure firm Blockstream, co-founded by cryptographer and cypherpunk Adam Back, has hit unicorn status with its latest valuation at $3.2 billion.The company, which focuses on various Bitcoin-related areas — including operating as a mining service provider and developing renewables-based infrastructure intended to “green” the veteran cryptocurrency — has

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Crypto miner Argo Blockchain goes ‘climate positive’ on greenhouse gas emissions

Cryptocurrency mining company Argo Blockchain announced Tuesday that it has reached an important milestone in its climate strategy, sending a strong signal that environmental sustainability remains one of its primary focuses. The company claims its crypto operations have become “climate positive” for Scope 1, 2 and 3 greenhouse gas emissions. According

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US Bitcoin miner Stronghold files for $100M IPO to fund massive expansion

Pennsylvania-based Bitcoin mining firm Stronghold Digital Mining has filed for a $100 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC).The firm filed its S-1 form on July 27 and if given the green light by the SEC, Stronghold intends to list its Class A

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China’s Big Miner Exodus Could be a ”Big Net Postive for the Ecosystem,” Says Mike Novogratz – Blockchain News, Opinion, TV and Jobs

A major shift in location could actually good for Bitcoin as major miners are now leaving China following the country’s crackdown on mining Bitcoin. Galaxy Digital CEO Mike Novogratz has echoed other experts and is calling the migration to different places on the planet, a possible positive development. Novogratz mentioned on

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