Public Miners

MARA sold about 40% of its bitcoin stack after Sept. 30, used $750 million to repay all its BTC-backed term loans and said it will keep selling to fund AI infrastructure, convertible note puts and buybacks.

Major U.S. public Bitcoin miners including Cipher Digital, Bitfarms, and Core Scientific are selling Bitcoin holdings and rebranding to chase AI/HPC leases with hyperscalers like Microsoft and Google, amid industry-wide profitability challenges.

With this expansion complete, CleanSpark has reached the halfway point of its year-end goal of reaching 16 EH/s.

One of the largest Bitcoin miner producers has partnered with America’s largest mining firm to bring ASIC production onshore.

Over 6,000 latest-generation mining machines will be hosted, enhancing mining efficiency and revenue prospects.

The transaction fee spike resulting from Ordinals is filling the coffers of public miners like CleanSpark.

The publicly traded bitcoin mining company is once again expanding its inventory of deployable miners this year in its quest for 16 EH/s.

According to a quarterly filing by the miner, the SEC is still inquiring about a Montana mining operation previously investigated in 2021.

The site could potentially bring Mawson’s capacity in the area up to 290MW and increase deployable hash rate to 1.0 EH/s

The agreement is set to bring approximately $7.5 million of annual revenue according to Greenidge CEO Dave Anderson.