Bitcoin Miner Bitfarms to Raise $31M in Sale of Shares to Institutional Investors
The additional funding will go towards the acquisition of more miners, expanding infrastructure and boosting working capital. Source
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Bitcoin Miner Argo Blockchain Bought 172.5 BTC in January
With bitcoin trading near $36,500, the new holdings have a current value of over $6 million. Source
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Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations
A class-action lawsuit has been filed against Nasdaq-listed bitcoin mining company Bit Digital following recent allegations of fraud.According to a court document filed in the Southern District Court of New York on Thursday, the class action seeks to recover damages for Bit Digital investors who made stock purchases between Dec.
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Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud
Nasdaq-listed bitcoin mining company Bit Digital (BTBT) dismissed allegations of fraud against the company made in a recently published report by J Capital Research.Without specifically naming the report, a press release from the mining company responded to “false accusations” about its business. It repeated financial disclosures from Q3 2020 on
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Cumulative Bitcoin (BTC) Miner Revenue Crosses $20 Billion
Quick take:BTC Miners have now cumulatively earned Bitcoin worth $20 BillionSuch revenue is an incentive to keep the Bitcoin network going and secureBitcoin has just experienced a dip to the $35k levelThe minor corrections are necessary and healthy during a bull marketBitcoin miners have cumulatively earned BTC worth $20 Billion
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Galaxy Digital Launches Proprietary Mining, Miner Financial Services
Galaxy has launched its proprietary mining and miner financial services operations. Source
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Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering
The Las Vegas company has agreed a direct offering of 12.5 million shares of common stock at at $20 per share. Source
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Bitcoin Miner Bit Digital Passes $1B Market Cap
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge
Bitcoin’s mining difficulty just reached a record high above 20.6 trillion as more people are mining at a larger scale than ever before thanks to ballooning mining revenue and bitcoin’s parabolic price rally. “A new difficulty all-time high is no surprise considering mining revenue has tripled in recent months,” said
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Cryptocurrency Miner Hive Blockchain Passes $1B Market Value
Hive last had a $1 billion market value in November 2017. Source
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