Tag: BitFuFu

Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons

Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons

The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment. www.coindesk.com [...]
Cloud mining firm BitFuFu postpones merger with SPAC until May

Cloud mining firm BitFuFu postpones merger with SPAC until May

Cloud mining firm Bitfufu, one of Bitmain's crypto firms, is delaying for the second time its plans to go public via a special-purpose acquisition com [...]
Cloud Mining Firm BitFuFu to Delay SPAC IPO as Appetite for Crypto Stocks Languishes

Cloud Mining Firm BitFuFu to Delay SPAC IPO as Appetite for Crypto Stocks Languishes

The company has now set a deadline of May to complete its listing. www.coindesk.com [...]
Bitcoin Miner Sphere3D Downsizes Deal for Machines With BitFuFu

Bitcoin Miner Sphere3D Downsizes Deal for Machines With BitFuFu

"The contract with BitFuFu was signed in late 2021 at the height of the Bitcoin market as a fixed price contract with no allowances for market price a [...]
Bitdeer and BitFuFu to Test US Stock Market’s Crypto Mining Appetite

Bitdeer and BitFuFu to Test US Stock Market’s Crypto Mining Appetite

Both Bitdeer and BitFuFu could be seen as “fully valued” compared to current publicly listed miners because of their “incredible” growth rate, superio [...]
Cloud Miner BitFuFu Looks at US Listing Via SPAC Merger

Cloud Miner BitFuFu Looks at US Listing Via SPAC Merger

The merged firm will have pro forma value of $1.5 billion, 4.6 times the projected 2022 revenue, according to the release. Assuming that bitcoin price [...]
Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing

Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing

One user told CoinDesk that their machines have been completely offline for a little over one month, adding that he’d leave the platform if they ga [...]
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