
August 24th, 2025
Through its acquisitions of more Bitcoin Antminers, Riot Blockchain has increased its Bitcoin mining hash rate capacity.
Argo Blockchain unveiled that it expanded its mining capacity, and added 220 PH/s to its total capacity, bringing the firm’s total mining capacity to 1.295 EH/s as of the end of October 2021.
Stronghold Mining typically generates its energy from coal waste which is notably spread at various sites in Pennsylvania. There are about 840 piles of waste coal in the state resulting from centuries of coal mining activities.
Stronghold Digital Mining noted that it is planning to list its stocks on the Nasdaq following the IPO and offer them under the ticker ‘SDIG’.
Besides its own primary operational activities, Riot Blockchain hosts a number of Bitcoin mining clients who use its facilities and also serves as an additional revenue source.
Oil and gas companies have always struggled when colliding with a natural gas buildup while drilling for oil. But it seems that Bitcoin mining can be particularly impressive here.
Bitcoin mining difficulty records its growth in double digits as hash rates recuperate slowly. The next mining difficulty adjustment is said to arrive in about 24 hours with a 12% increase.
Riot reported stellar growth for its Bitcoin mining revenue during Q2 2021. The company will add 2000 S19 Pro Antminers for operations at its Whinstone facility.
Billionaire Jack Dorsey says he wants to begin mining Bitcoin as he moves from public declaration of support to director production of the king coin.
The price shift of the flagship crypto-asset today has indicated that nothing can stop Bitcoin’s current bull movement permanently, considering the significant record it saw in the early hours of the day.
In the IPO filing, Stronghold noted that with the fundraising, it will purchase an additional 27,300 crypto miners to expand its operations and increase its hash rate.
Amidst the clampdown on Bitcoin miners from China, the difficulty rate drops to nearly half of the latest peak in May 2021.
Let us have a look at the biggest miners that could take advantage of the Chinese crypto mining ban and shift from the Eastern to the Western side.
AEC is not the first firm to repurpose a landmark of modern industry to generate cryptocurrency.
The United States of America and Kazakhstan are amongst the new havens that the majority of Bitcoin miners are exploring.