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Cipher Mining has secured a $50 million investment from the $300 billion Japanese multinational conglomerate SoftBank, which is set to purchase approximately 10.4 million shares of the bitcoin miner’s common stock.The funding is structured as a private investment in public equity, with the capital u…
US Bitcoin miner Riot Platforms has announced its Bitcoin production and operation updates for December.The company said it mined 516 Bitcoin in December, an increase of 4% from November’s 495 Bitcoin.Riot Platforms’ December UpdatesRiot’s increased Bitcoin output comes amid ongoing efforts to expan…
Bitfarms is set to significantly expand its U.S. operations with the acquisition of Stronghold Digital Mining, aiming for 950 MW power capacity by late 2025. Bitfarms Ltd., a major player in the global Bitcoin mining industry, announced its plans to acquire Stronghold Digital Mining, Inc. in a stock…