All by tag: Maining

In January, the company re-entered the Nasdaq as part of a restructuring

Since last July, the company has been operating seven farms with a hashrate of 4,5 EH/s

The company has issued 50 000 preferred shares to an unnamed investor

The initiative is part of the company’s strategy to achieve a hashrate of 21 EH/s

The initiative is presented as an alternative to the Ministry of Energy’s proposal to raise tariffs in deficit regions

The law will come into force on April 19 this year

The total computing power decreased from 629 to 415 EH/s

According to analysts, “any weakness in the near term represents a potential buying opportunity

Historically, bitcoin mining participants move into a selling phase when cryptocurrency prices begin to rise

Analysts also called the cost of mining 1 BTC after halving

The company expects to increase the hashrate to 50 EH/s in the next two years

Management believes that this way the company will be able to better control risks