Tag: Rigs

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Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals

Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals

Bitcoin miner Riot Platforms is buying 66,560 Bitcoin mining rigs from manufacturer MicroBT, in one of its largest orders of hash-rate in the firm’s h [...]
Bitcoin Mining Services Firm Luxor Starts Logistical Services to Make Shipping of BTC Mining Rigs Faster

Bitcoin Mining Services Firm Luxor Starts Logistical Services to Make Shipping of BTC Mining Rigs Faster

The new unit, Luxor Logistics, will focus heavily on streamlining complex customs regulations in different regions by customizing transportation and d [...]
Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs

Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs

Cryptocurrency mining hardware maker Bitmain and bankrupt crytpto mining firm Core Scientific have agreed on a combination of equity and cash to final [...]
Bitcoin Miners Buy up Rigs as Prices Near All-Time Lows

Bitcoin Miners Buy up Rigs as Prices Near All-Time Lows

Mining rigs are getting cheaper mainly due to a decline in bitcoin’s hashprice, the revenue miners generate per terahash of computing power. This meas [...]
Hut8 relocates 6,400 rigs, sees growth in AI & high performance computing

Hut8 relocates 6,400 rigs, sees growth in AI & high performance computing

North American mining firm Hut8 is seeing new demand for AI and high performance computing as it looks to re-energize some 6,400 rigs being moved from [...]
Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate

Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate

Cipher has an eye on hashrate of 8.2 EH/s by the end of the year. www.coindesk.com [...]
CleanSpark Buys $144.9M of Bitcoin Mining Rigs to Double its Hashrate

CleanSpark Buys $144.9M of Bitcoin Mining Rigs to Double its Hashrate

"As bitcoin’s halving draws closer, our focus on operational efficiency, our technical expertise, and our treasury management strategy, will all play [...]
Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

The majority of the 6,376 mining rigs BlockFi sold to U.S. Farms & Mining are Bitmain Antminers, according to a previous filing. They are spread a [...]
8,000 rigs spool up in Nautilus mining facility

8,000 rigs spool up in Nautilus mining facility

United States-based Bitcoin mining company TeraWulf has fired up a new crypto mining facility in Pennsylvania — solely running on nuclear power genera [...]
TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000K Rigs at Nautilus Facility

TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000K Rigs at Nautilus Facility

The Nautilus mine is "the first behind-the-meter bitcoin mining facility of its kind, directly sourcing reliable, carbon free, and 24x7 baseload power [...]
CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs

CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs

Bitcoin miner CleanSpark is growing its mining capacity in the United States, with the purchase of 20,000 new Antminer S19j Pro+ units for $43.6 milli [...]
Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain’s Newest Rigs

Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain’s Newest Rigs

Once installed, the new machines will add 2.44 exahash/second (EH/s) to CleanSpark’s 6.6 EH/s of bitcoin mining power, a 37% increase. They will be de [...]
Bitcoin Miner BitNile Pulls 6,500 Rigs from former Compute North Site

Bitcoin Miner BitNile Pulls 6,500 Rigs from former Compute North Site

The miner signed a hosting deal with bankrupt Compute North in September for a site that is now managed by USBTC. www.coindesk.com [...]
Core Scientific to hand over 27K rigs to pay $38M debt

Core Scientific to hand over 27K rigs to pay $38M debt

Crypto mining firm Core Scientific made a deal with the New York Digital Investment Group (NYDIG) to pay off an outstanding debt of $38.6 million by h [...]
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt

Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt

The bear market in crypto has taken a toll on the mining industry, particularly on leveraged firms, as high energy prices coupled with a low bitcoin p [...]
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