The securities offering is expected to take place on the Toronto Stock Exchange.
Once active, these additional miners will increase the firm’s bitcoin mining hashrate by 93%.
Hindenburg’s report is a self-described “cautionary tale” for investors willing to jump blindly into publicly traded mining stocks.
The acquisition of mining equipment maker Bee Computing comes amid the lottery-turned-crypto-mining firm’s shopping spree.
Bitcoin's hashrate is moving with the crypto's price as old and new mining machines come online.
Fortress Technology hopes to increase its hashrate nearly tenfold through the partnership.
Future FinTech's buy is in line with the legacy finance and tech sector taking increasing interest in Bitcoin as of late.
The adjustment, spurred forth by fleets of newly booted ASICs, could be a harbinger of even larger difficulty increases in the coming year.
Some say institutions are waiting for “green bitcoin” before buying in. Here’s why they may be waiting a long time.
Bitcoin mining revenue broke a new record in March, fueled by the BTC price rally.
Yet another American mining company is expanding aggressively.
The tokens will offer non-U.S. qualified investors a way to invest in bitcoin mining without handling machines themselves.
The mayor would love Miami becoming a bitcoin mining hub to harness the city’s nuclear power capability.
The batch of processors will add 1,600 GH to Hut 8's mining capacity.
"I have had many institutions tell me they do not want to own 'China coin,'" he said at a Cboe event.