Ellendale site had complete power outage in January 2024
Co-founders sell $70 million worth of Class B ordinary shares to Antalpha-backed EWCL
14-day network hashrate just 10% short of zetahash milestone
Why Sub-10J/TH Efficiency May Be a Lifeline, Not a Launchpad
Project aims to repurpose flared gas for Bitcoin mining and rural electrification in Delta State.
Bitmain offers payment flexibility while accepting pledged BTC option
Competition intensifies as Bitcoin production benchmark reaches new low
Pakistan taps surplus electricity to fuel digital and crypto expansion.
After a brutal Q1, mining stocks rally hard—but most still trail BTC YTD
Operations expected to begin in Q3 2025
Antminer shipments accelerated to June 23 with 10% off
The initial $100 million is fully drawn