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Bitcoin Mining Companies Worldwide

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Bitcoin miners are ramping up their operations, undeterred by the cryptocurrency's stable price, as the network's hash rate reached a record 455 EH/s on Wednesday last week, doubling from the start of this year. This information indicates an increase in computational power dedicated to mining Bitcoin, suggesting that miners are continuously upgrading their hardware and expanding facilities.
 
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Since early this year, Canadian company Bengal Energy has run a pilot program on Mr Mackenzie's property, using a donga fitted with 66 machines to mine for Bitcoin.
The donga — a basic demountable shed — harnesses untapped natural gas from local wells that can't be distributed to the national grid.

Bengal Energy TSX: BNG -
The mining plant was initially scheduled to start operations last year; however, the wet weather moved the resumption to this year. Bengal Energy teams in Brisbane and Canada monitor the Donga mine, providing support when necessary.
 
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Aussie Bitcoin Miner
SYDNEY, Australia, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today...

IRIS ENERGY NASDAQ:IREN Website - https://irisenergy.co/
NASDAQ - https://www.nasdaq.com/market-activity/stocks/iren/real-time
Iris Energy Ltd
214.69 million USD
Market capitalisation
at $3.20


SYDNEY, Australia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced it is partnering with WEKA, the data platform software provider for performance-intensive workloads, as part of its entry into the generative AI market.​

 
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Can Argo Blockchain PLC LSE:ARB Nasdaq:ARBK pay down all its debt with the rising Bitcoin price despite increasing mining difficulty every month now?

Argo Blockchain reduces debt but Bitcoin decline hits revenue - August 29, 2023​

"For the remainder of 2023, the company will continue to focus on strengthening the balance sheet and growing the business with a strong emphasis on financial discipline and operational excellence," commented Chair Matthew Shaw. "I am excited for Argo to continue in its mission of powering the world's most innovative and sustainable blockchain infrastructure in this next stage of the company's development."

Bitcoin Live Price Chart: https://uk.advfn.com/p.php?pid=staticchart&s=COIN^BTCUSD&t=37&p=5&dm=0&vol=0&width=688&height=190&min_pre=0&min_after=0
 
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June 21, 2023 - Arkon Energy Acquires the US Mining Assets of a Global Digital Asset Service Provider
https://www.prnewswire.com/news-rel...digital-asset-service-provider-301854302.html

June 30, 2023 - Sabre56 Partners With Arkon Energy For Ohio Data Center Consultancy Deal
 
The Bitcoin price is close to US$40,000 and shares in Riot Platforms Nasdaq:RIOT and Marathon Digital Nasdaq:MARA are doing well.
MARA Live Chart: https://uk.advfn.com/p.php?pid=staticchart&s=N^MARA&t=1&p=0&dm=0&vol=0&width=405&height=187&min_pre=330&min_after=240
RIOT Live Chart: https://uk.advfn.com/p.php?pid=staticchart&s=N^RIOT&t=1&p=0&dm=0&vol=0&width=405&height=187&min_pre=330&min_after=240
Bitcoin Live Chart: https://uk.advfn.com/p.php?pid=staticchart&s=COIN^BTCUSD&p=0&t=16

RIOT CEO - November 14, 2023:
 
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A small Canadian Bitcoin Miner quoted on London's AIM market under ticker ARB. A company where things went wrong in Texas and they are still US$70 million in debt they are attempting to pay down. Higher risk than most needing a high Bitcoin price to get out of trouble. The share price around 9 pence has not moved and during that time RIOT has lifted around 55% and MARA over 60%.
 


A small Canadian Bitcoin Miner quoted on London's AIM market under ticker ARB. A company where things went wrong in Texas and they are still US$70 million in debt they are attempting to pay down. Higher risk than most needing a high Bitcoin price to get out of trouble. The share price around 9 pence has not moved and during that time RIOT has lifted around 55% and MARA over 60%.

 
About Hut 8
Through innovation, imagination, and passion, Hut 8 Corp.’s seasoned executive team is bullish on creating value at the intersection of infrastructure and energy through Bitcoin mining and hosting, groundbreaking managed services, energy arbitrage, operating traditional data centers, and capitalizing on emerging technologies like AI and machine learning. Headquartered in Miami, Florida, Hut 8 Corp.’s infrastructure portfolio includes eleven sites: five high performance computing data centers across British Columbia and Ontario that offer cloud, co-location, AI, machine learning, and VFX rendering computing solutions, and six Bitcoin mining, hosting, and managed services sites located in Alberta, New York, Nebraska, and Texas. Long-distinguished for its unique treasury strategy, Hut 8 Corp. has one of the highest inventories of self-mined Bitcoin of any publicly-traded company globally. For more information, visit www.hut8.com and follow us on X (formerly known as Twitter) at @Hut8Corp.
Live Chart: https://uk.advfn.com/p.php?pid=stat...idth=405&height=187&min_pre=330&min_after=240
 
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9 Apr 2024 #BTBT #SATO #BitcoinNews
Huge News from TeraWulf | Bitcoin Miner Price Analysis | Bitcoin News Today | Anthony Power
Today we are covering various Bitcoin Mining Stock News with our resident Bitcoin Analyst & CEO of Power Mining Analysis, Anthony Power. Anthony is a Chartered Management Accountant by trade and is known for creating some of the best summary and comparison visuals in the Bitcoin Mining Sector. Anthony Power covers all of the Top BTC Mining Stocks including Bit Digital, Bitfarms, Bitdeer, Core Scientific, CleanSpark, DMG Blockchain, Hive Digital, TeraWulf, Hut 8 Corp, IREN, Marathon, Riot Platforms, SATO Technologies and Soluna Holdings. Let me know what you think of Anthony’s work and if you are currently holding any of these Bitcoin Miners in the comment section below! 👇
 
"The Halving immediately cuts revenue in half while doubling costs for miners," Riot CEO Jason Les said. "Depending on your power cost and machine efficiency, some miners will be uneconomic and will be forced to shut off, decreasing network hash rate by at least 5% and possibly more depending on the trend for BTC prices."
 
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