A new metric to give you a better outlook before the halving
Marathon shifts away from asset-light mining model by acquiring two operational bitcoin mining sites
With additional global settlement, Core Scientific delays the combined hearing on its reorganization plan to January 10.
It has secured an option to buy another 8.7 EH/s in 2024 for the same price of $14/TH/s.
Public mining companies are set to report positive results in their December updates early next month.
In February 2022, Iris Energy expected 10 EH/s to be operational by early 2023. It is now moving closer to that goal – by Q2 2024.
Texas alone is set to add at least another 500 MW by Q2.
The net proceeds are intended for R&D, scaling product sales, and covering corporate overhead.
The company expects to complete the bid in January.
First phase of 100 MW is expected to be operational in Q1 ahead of halving
14.27% of Marathon's bitcoin rewards so far came from transaction fees bolstered by on-chain activities.
And half of that happened in two months