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The South Carolina-based company announced that it has reached a hashrate of 1.25 EH/s with 13,118 machines deployed. The majority of the GEM mining's fleet consists of Bitmain S19 Pro miners and produces a staggering 6.5 Bitcoins per day. With the addition of these
Marathon Digital Holdings has announced an order for 78,000 of Bitmain’s latest generation Antminer S19 XP models. The model is Bitmain’s most powerful yet with a hashrate of 140 TH/s. The order is worth a total of $879.06 million. Marathon expects to have 199,000
Virginia-based business intelligence company, MicroStrategy, recently acquired 1,900 bitcoin at an average price of $49,200 per BTC for a total of $94 million. This brings the total number of bitcoin owned by Microstrategy to 124,391 acquired at an average price of $30,160. This comes as no
News • Bitcoin • Jan 03, 2022Virginia-based business intelligence company, MicroStrategy, recently acquired 1,900 bitcoin at an average price of $49,200 per BTC for a total of $94 million. This brings the total number of bitcoin owned by Microstrategy to 124,391 acquired at an average price of $30,160. This comes as no
News • Bitcoin • Jan 03, 2022Jasmine Technology Solution Pcl is one of the best-performing stocks of 2021 with much of its increase attributed to a July announcement of its foray into bitcoin mining. The stock is up nearly 7000% year to date. “The strong response from investors has exceeded our expectations. There’s bullish optimism
News • Bitcoin • Dec 28, 2021According to a Bloomberg report the legislation is being piloted by Wyoming Senator, Cynthia Lummis. Lummis has been a vocal advocate of bitcoin since her initial investment in 2013. In a June 2021 interview she stated that she held 5 bitcoin and disclosures show that she made a further purchase
News • Bitcoin • Dec 27, 2021While Ricardo Salinas Pliego is well-known in his native Mexico for his ownership of several large conglomerates, this year has seen him gain notoriety amongst bitcoiners worldwide for his vocal support of bitcoin. In a message posted to his Twitter account on Christmas eve, the billionaire gave his followers three
News • Bitcoin • Dec 26, 2021The 31st of October marks the "birthday" of the Bitcoin white paper and its nine pages that made history. In 2008, Satoshi Nakamoto presented the white paper to the Cryptography Mailing List; just over two months later, the first Bitcoin block would be mined. Notably, the Bitcoin.org
News • Bitcoin • Oct 30, 2021After eight years of punted deadlines, the first Bitcoin ETF began trading on the New York Stock Exchange today. It was one of the most anticipated events of the year, with longtime enthusiasts pre-christening the approval date "Diaper Monday" -- the start of a bull run so intense
News • Oct 18, 2021