Bitcoin Miner Marathon Expected To See Revenue Triple in Q4
Marathon is expected to post triple the revenue it brought in during the third quarter for its fourth-quarter earnings after the U.S. close today.
Bitcoin Miners Returned Enough Power To Heat 1.5 Million Homes During Texas Blizzard
After the Electric Reliability Council of Texas (ERCOT), an independent electricity provider to more than 26 million Texas customers, introduced the Interim Voluntary Load Curtailment program for Bitcoin (BTC) miners and other similar large load consumers, the cryptocurrency miners have risen to the occasion.
Bitcoin Miner CleanSpark Buys 20,000 ASICs, Expands Capacity by 37%
Bitcoin mining firm CleanSpark announced a purchase of 20,000 new ASIC machines on Thursday, after the asset rallied to nearly $25,000 the day prior.
Bitcoin Miner Iris Energy Posts $144 Million Net Loss
Iris Energy posted a net loss of $144 million, mainly due to a $105.2 million non-cash impairment charge related to its equipment financing, and said it mined fewer bitcoin in the quarter ending in December.
Bitcoin Miner Hive Delays Latest Financial Filings Till Feb-End
Bitcoin (BTC) mining company Hive Blockchain (HIVE) has said that it will delay reporting its interim financial statements for the three and nine month periods ending Dec. 31, 2022.
Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market
Bitcoin miner CleanSpark (CLSK) said it will continue to look for growth through accretive acquisitions of mining assets, as the crypto winter continues to weigh on the industry.
Bitcoin Miner CleanSpark Beats Estimates, Posts $29 Million Loss
Bitcoin miner CleanSpark reported a net loss of $29 million for the quarter ending in December, beating analyst estimates of a $31.3 million loss.
Bitfarms Settles Outstanding Loan With BlockFi for $7.75M
Bitcoin (BTC) miner Bitfarms has settled its debt obligations with BlockFi, closing the chapter on its short relationship with the bankrupt cryptocurrency lender.
CleanSparks Kicks Off Bitcoin Miner Earnings With Revenue Expected To Rise 13%: Preview
CleanSpark is expected to post a nearly 13% bump in revenue from the previous quarter when it kicks off the earnings season for bitcoin miners after the U.S. close today.
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Haircut to Settle Bitcoin Miner Bitfarms' Debt
Bitcoin mining firm Bitfarms (BITF) agreed to settle its remaining $21 million of debt with bankrupt lender BlockFi for a single cash payment of $7.75 million, according to a Thursday press release.
