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Integrated Ventures Acquires Mobile Mining Containers To Double Mining Rig Capacity
Wednesday, February 17, 2021 - 3:55pm | 176Read More...Cryptocurrency mining company Integrated Ventures Inc (OTC: INTV) bought seven turn-key 20" mobile containers, manufactured by Digital Shovel, for the New York PetaWatt facility. The containers are powered by "MiniPods" capable of hosting over 500 miners with...
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Ebang Prepares To Launch Bitcoin Mining Business
Wednesday, February 17, 2021 - 11:56am | 313Read More...Ebang International Holdings Inc. (NASDAQ: EBON) intends to launch its Bitcoin mining business through the combined deployment of self-manufactured mining machines and third-party mining machines and leasing computing powers under a resolution approved in its board meeting. The...
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CleanSpark Reports Q4 Earnings, Expects Strong FY21 Revenue Growth
Friday, February 12, 2021 - 11:31am | 273Read More...CleanSpark, Inc. (NASDAQ: CLSK) reported year-on-year revenue growth of 130% to $2.26 million in the fourth quarter of FY20, missing the consensus estimate of $2.83 million. Strong service, software, and related revenues and digital currency mining revenue drove the growth....
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Riot Blockchain Appoints Bitcoin Veteran And Board Member Jason Lee As CEO
Monday, February 8, 2021 - 3:02pm | 175Read More...Riot Blockchain, Inc. (NASDAQ: RIOT) has appointed Bitcoin veteran and board member Jason Les as CEO, succeeding Jeff McGonegal, who has been the CEO since 2019. McGonegal will return to focus on his long-standing position as the CFO. Hannah Cho was elected as an independent...
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Bit Digital Removes CEO For Not Participating In 'Bitcoin Mining Operations,' Elects New Chairman
Wednesday, February 3, 2021 - 3:45pm | 190Read More...Bit Digital, Inc. (NASDAQ: BTBT) appointed CFO Erke Huang as the interim CEO and initiated a search for the new CEO after removing former CEO Min Hu for non-participation in its bitcoin mining operations. Hu will continue as an independent director. Independent director Zhaohui...
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CleanSpark's CEO Discusses The Company's Expansion Into Bitcoin
Wednesday, January 20, 2021 - 9:07am | 1162Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Last year closed on a high note for energy network and software company CleanSpark Inc. (NASDAQ: CLSK), which announced a 122% increase in...
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Key Metric Indicates Bitcoin Rally Might Be Over For The Time-Being: What You Need To Know
Sunday, January 10, 2021 - 11:04pm | 513Read More...Bitcoin (BTC) may be approaching a local top, according to CryptoQuant CEO Ki Young Ju, who based his analysis on miners selling the cryptocurrency. What Happened: Ki pointed to a metric called Miners’ Position Index (MPI), which is the ratio of all BTC leaving miners to the coin’s one-...
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Justice Department Charges Five For Alleged $20M Cryptocurrency Mining Fraud
Wednesday, August 19, 2020 - 3:05am | 305Read More...United States Department of Justice on Tuesday said it has unsealed an indictment charging five individuals for international fraud, money laundering and defrauding individuals through a purported cryptocurrency company. What Happened The five individuals — Pablo Renato Rodriguez,...
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Bitcoin Mining Device Maker Ebang's Shares Drop 10% On Day One Trading At Nasdaq
Monday, June 29, 2020 - 8:22am | 194Read More...The shares of Ebang International Holdings Inc. (NASDAQ: EBON) dipped 10% in the regular and after-hours sessions on Friday. What Happened It was the first day of trading for the Bitcoin (BTC) mining equipment manufacturer's shares after it raised $100.75 million shares in its initial...
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Another Chinese Bitcoin Mining Device Maker Files To Go Public In US
Monday, April 27, 2020 - 12:13am | 354Read More...Bitcoin (BTC) mining equipment manufacturer Ebang International Holdings has filed to go public in the United States, CoinDesk reported Saturday. What Happened In a filing with the Securities and Exchange Commission on April 24, Ebang said it is looking to raise up to $100 million in the initial...
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Peter Thiel-Backed Startup Begins Mining Bitcoin In US To Counter Chinese Dominance
Thursday, February 20, 2020 - 3:46am | 479Read More...Bitcoin mining startup Layer1 Technologies has started operations at its West Texas factory, it announced Wednesday. What Happened Layer1 said that multiple 2.5-megawatt containers are fully operational and have started mining bitcoin. The startup didn't pin a number on how many such containers...
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SEC Charges Man For Running Alleged Crypto Mining Scam
Friday, January 10, 2020 - 7:59am | 296Read More...The Securities Exchange Commission has charged a man for running an alleged crypto-mining scam. What Happened The SEC has filed a complaint against Donald G. Blakstad, who raised around $3.5 million between July 2015 and May 2019 from at least 14 investors through allegedly fraudulent...
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Former Bitmain Chip Designer Arrested For Alleged Embezzlement
Monday, December 16, 2019 - 7:39am | 315Read More...Yang Zuoxing, the founder of the Bitmain's rival company, who left the company in June 2016, has been arrested in China on charges of embezzlement, according to Bloomberg. What Happened Yang Zuoxing, former chip designer for mining hardware giant Bitmain Rival, was arrested...
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Bitcoin Mining Maker Canaan Shares Rise And Fall On Day One After $90M IPO
Friday, November 22, 2019 - 3:00am | 279Read More...Bitcoin mining equipment maker Canaan Inc. (NASDAQ: CAN) made its trading debut on the Nasdaq exchange on Thursday. What Happened The China-based company raised $90 million in an initial public offering on Wednesday by selling 10 million American Depositary Shares at $9 each. Canaan...
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Chinese Bitcoin Mining Manufacturer To Go Public Nov. 20
Tuesday, November 12, 2019 - 5:14am | 302Read More...China-based bitcoin mining maker Canaan Inc. is going public on the Nasdaq stock market on Nov. 20, a digital assets publication The Block reported on Monday. What Happened The company filed for an IPO with the U.S. Securities and Exchange Commission on Oct. 28. In the filing, Canaan...












