Stronghold Digital Mining raises IPO target to $127 million
American mining company Stronghold Digital Mining announced an increase in the size of its initial public offering (IPO) to $127 million.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Stronghold Digital Mining raises IPO target to $127 million
American mining company Stronghold Digital Mining announced an increase in the size of its initial public offering (IPO) to $127 million.
Kazakhstan’s energy ministry estimates electricity consumption by mining centres
In the first nine months of 2021, electricity consumption in Kazakhstan reached 82.99 billion kWh. The local Ministry of Energy attributed this to the operation of mining data centres within the country.
Atlas Mining to expand Bitcoin mining capacity in the United States by 100 MW
Atlas Mining announced a multi-year agreement with hosting provider Compute North to deploy cryptocurrency mining equipment with a capacity of 100 MW.
Russian oil producers propose using their equipment for mining
Deputy Minister of Industry and Trade Vasily Shpak asked the Ministry of Digital Development and the Central Bank to assess the feasibility of using equipment of Russian oil-producing companies for mining.
Kuzbass police arrest suspect in mining equipment theft
Police in Prokopievsk detained a local resident suspected of stealing cryptocurrency mining devices.
Aksakov proposes codifying miners’ tax treatment in law
The taxation framework for individuals and legal entities engaged in cryptocurrency mining should be explicitly laid out in legislation, Anatoly Aksakov, head of the State Duma Committee on the Financial Market.
Irkutsk resident detains suspect during attempted theft of cryptocurrency mining equipment
An Irkutsk resident detained a suspect attempting to steal his cryptocurrency mining equipment worth more than 1 million rubles.
Jack Dorsey: Square weighs developing an open-source Bitcoin miner
Jack Dorsey said that the payments giant Square is considering the possibility of creating an open-source Bitcoin mining device.
North Vancouver heating to be supplied by Bitcoin mining
The North Vancouver city authorities in British Columbia plan to heat 100 residential and industrial buildings using Bitcoin mining starting in 2022.
Stronghold Digital Mining to raise up to $106 million in Nasdaq IPO
American mining company Stronghold Digital Mining, focused on green energy, is set to raise $94-106 million from an IPO on Nasdaq. The data are in the SEC filing. Investors will be offered 5.9 million shares at a price range of $16-18. The underwriters will have an option to acquire an additional 882,000 shares. The bookrunner is Tudor, Pickering, Holt & Co.We use cookies to improve the quality of our service.
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