mining expansion

bitcoin minin

2026-07-09 18:39:13

Greenidge Expands Bitcoin Mining in Mississippi With 2,400 New Miners

Greenidge has launched a new bitcoin mining site in Mississippi with 2,400 miners, 8.5 MW of current power capacity, and plans to add 25 MW within 12 months as part of its broader expansion strategy.

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Bitcoin minin

2026-07-09 10:26:13

Cipher Mining Acquires 250 Acres in West Texas to Expand 100MW Bitcoin Mining Data Center

Nasdaq-listed Cipher Mining has acquired a 250-acre site in West Texas for its Stingray data center, adding 100MW of front-of-meter capacity. The facility is expected to begin operations in H1 2026, bringing total pipeline to 2.6GW.

1960

Bitcoin minin

2026-07-02 18:45:14

Bitdeer Raises $330M Convertible Notes to Expand Bitcoin Mining and AI Operations

Singapore-based Bitcoin mining firm Bitdeer Technologies Group has issued a $330 million convertible notes offering with a 4.875% interest rate due 2031 to strengthen mining operations, develop ASIC rigs, and scale AI infrastructure. This is the company's third such raise, following $150M in August and $360M in November last year. Net proceeds of approximately $319.6 million will fund datacenter expansion, new ASIC development, a zero-strike call option, and a concurrent note exchange. Bitdeer mined 196 BTC in May, bringing self-mining hashrate to 13.6 EH/s. SEALMINER rigs deployed across Texas, Norway, and Bhutan; its AI cloud platform launched. Led by Bitmain co-founder Jihan Wu, Bitdeer has a market cap exceeding $2.3 billion and has secured additional funding from Tether and Matrix Finance.

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