Revenue jumped 87% to $50.6 million on higher average bitcoin prices, expanded mining capacity and other factors. The company posted a loss of $1.13 a share, which was affected by a loss for the change in fair value of Google warrants and derivative liabilities.

Hashprice drops to $43.1 PH/s as bitcoin’s price correction, low fees and record hash rate squeeze miners’ margins.

CleanSpark raises $1.15B through convertible notes to expand its Bitcoin mining capacity and repurchase shares.

IREN Limited (NASDAQ: IREN), a Bitcoin (BTC) mining and AI cloud company, signed a $9.7 billion GPU cloud services contract with Microsoft (Nasdaq: MSFT) on Oct. 3.

CleanSpark Inc. is looking to raise $1 billion in a sale of convertible bonds, as the Bitcoin miner and data center operator seeks to fund its growing footprint.

A fire affected two buildings belonging to publicly traded Bitcoin miner Bitdeer in Massillon, Ohio on Tuesday.

A fire broke out at the construction site of Bitdeer’s Massillon, Ohio, cryptomine data center site. The blaze occurred on Tuesday (November 11) afternoon at the planned Bitcoin mining operation was dealt with by firefighters, but impacted two buildings of the planned complex located at 1115 Industrial Avenue SW.