TL;DR CleanSpark has completed the closing of $2.276 billion in senior secured notes. The Bitcoin miner says proceeds will support data-center expansion …
miner
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Mining
Bitcoin Miner Hive Escalates Swedish VAT Dispute to European Commission
by shayaanby shayaanKey Takeaways Sweden reclassified Hive’s datacenter services as self-mining, retroactively denying input VAT recovery. Hive argues it provides taxable compute power, meaning …
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Markets
Zcash miner Fortitude names former Hut 8 chief Jaime Leverton CEO ahead of Nasdaq deal
by shayaanby shayaanLeverton will lead the DCG-owned mining company as it pursues a public listing through its proposed merger with HeartSciences. www.coindesk.com
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Key Takeaways Bitdeer added 65.1 MW in Malaysia, lifting secured AI Cloud capacity to 206.5 MW. The shift shows bitcoin miners chasing …
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Mining
Bitcoin needs to reach $82,900 to outrun a looming miner margin squeeze
by shayaanby shayaanBitcoin’s August price recovery coincided with a sharp improvement in mining revenue, but the network is preparing to reclaim part of that …
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Key Takeaways Braiins Solo landed block 966351, handing one miner the full 3.147 BTC reward. Foundry and Antpool face a rare solo …
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Z Squared, a public company that got Dogecoin mining rigs from a fund advertising 28% annual returns for investors, is facing SEC …
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A Bitcoin forum post published on Sept. 7, 2010, has resurfaced 16 years later after an early miner described a projected $5.68 …
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Mining
Bitcoin miner burns through millions in BTC to buy compute, but new coins are not returning to treasury
by shayaanby shayaanBitFuFu, a Bitcoin miner and cloud-mining provider, reported a 55.4% rebound in August production as additional capacity came online. Cloud-mining customers accounted …
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In brief Hyperscale Data stopped Bitcoin mining at its Michigan data center on September 1. The AI agreement could generate more than …