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NEWS

Miner Weekly: Bitcoin Miners Raised $2.1B Since Q2 via Stocks
NEWS

Miner Weekly: Bitcoin Miners Raised $2.1B Since Q2 via Stocks

And debt is trending up too!

August 15, 2024
Marathon Buys Bitcoin with $249M from Convertible Notes
NEWS

Marathon Buys Bitcoin with $249M from Convertible Notes

Marathon has raised $1 billion via stock offerings year-to-date

August 14, 2024
Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt
NEWS

Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt

Core paid $14.7 million in interest expenses during Q2

August 13, 2024
Bitfarms Founder Steps Down in Leadership Overhaul
NEWS

Bitfarms Founder Steps Down in Leadership Overhaul

Ben Gagnon joins the board after CEO promotion

August 13, 2024
Marathon Plans $250M Convertible Notes to Buy Bitcoin
NEWS

Marathon Plans $250M Convertible Notes to Buy Bitcoin

In addition to general corporate purposes

August 12, 2024
Bitcoin Miner Argo Repays Galaxy Debt after Equity Raise
NEWS

Bitcoin Miner Argo Repays Galaxy Debt after Equity Raise

Argo announced an equity raise of $8.35 million on July 30

August 12, 2024
CleanSpark Orders 7.8 EH/s of S21XP Bitcoin Miners for $167M
NEWS

CleanSpark Orders 7.8 EH/s of S21XP Bitcoin Miners for $167M

Raised $365 million since Q2 and bought corporate jet for $10.8 million

August 12, 2024
Russia Officially Legalizes Cryptocurrency Mining 
NEWS

Russia Officially Legalizes Cryptocurrency Mining 

Russian President Vladimir Putin has officially enacted the new law legalizing mining, effective no later than Nov 1, 2024

August 8, 2024
Miner Weekly: Bitcoin’s Record Low Hashprice Pushes Miners to the Brink
NEWS

Miner Weekly: Bitcoin’s Record Low Hashprice Pushes Miners to the Brink

Even the largest miners struggle amid the market slump

August 8, 2024
Bitcoin Mining Giants Deposit $150M to Bitmain Rivals Since Q2
NEWS

Bitcoin Mining Giants Deposit $150M to Bitmain Rivals Since Q2

Riot made deposits and advance payments of $221.8 million to MicroBT during the first half

August 8, 2024
Bitcoin Miner Rhodium in Distress Amid Loan Defaults
NEWS

Bitcoin Miner Rhodium in Distress Amid Loan Defaults

Rhodium seeks $67m in damages from Riot's Whinstone in an arbitration case

August 7, 2024
Iris Energy Saw July Electricity Spike to $61k per Bitcoin
NEWS

Iris Energy Saw July Electricity Spike to $61k per Bitcoin

Electricity per bitcoin jumped 56% in July

August 6, 2024