IREN Records $184M Bitcoin Mining Revenue, Doubles Mining Capacity in 2024
IREN aims to achieve a hashrate of 20 EH/s by September 2024 and 30 EH/s by year-end, driven by the acquisition of advanced Bitmain S21 XP miners.
Bitmain Technologies Ltd. announces their Antminer S9, the world’s first Bitcoin miner using 16nm chips.
IREN aims to achieve a hashrate of 20 EH/s by September 2024 and 30 EH/s by year-end, driven by the acquisition of advanced Bitmain S21 XP miners.
As a result of the evolving political landscape, US-based miners are seeking alternatives to Bitmain.
FinTAX’s launch aligns with ongoing advancements in blockchain-based financial services, reshaping cryptocurrency tax compliance frameworks.
This new software, FinTax, will make tax calculations for crypto assets easy.
The companies said the rollout of the fund could be viewed as a significant step forward in enhancing the financial infrastructure of Hong Kong’s ETF market.
The restructuring plan will allow Core Scientific to cut $400 million in debt by equitizing the said amount in secured and unsecured claims.
Bitmain’s investment represents not only a significant financial commitment but also a strategic move to fortify its partnership with Core Scientific.
Companies like Circle, Ripple, and the non-fungible tokens (NFTs) marketplace OpenSea have happier employees.
The Chinese tax authority claim Bitmain was issued with a tax violations notice in August last year but has withheld paying individual tax income of about $2.4 million.
Bitmain said that it will be replacing the previous batch with 14,000 S19j Pro miners for delivery by the first quarter of 2023 at no additional cost to TeraWulf.