CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus estimate.
Bitcoin miner Hut 8 announced on Sept. 28 that it had closed a four-year, $1 billion senior secured credit line.The facility gives the parent company room to borrow...
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Key TakeawaysKazakhstan allows miners to use flared gas, tapping up to 1.3TWh of cheap power for crypto operations.Oil companies can sell waste gas to miners, avoiding millions in...
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This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on...
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Key TakeawaysSweden reclassified Hive’s datacenter services as self-mining, retroactively denying input VAT recovery.Hive argues it provides taxable compute power, meaning the VAT change causes a major financial hit.Hive...
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