Blockstream raises $16M for its Bitcoin mining STO in a matter of hours

Major blockchain technology company Blockstream has completed six tranches of its Bitcoin (BTC) mining security token offering (STO), securing a total of 30.9 million euros ($36 million).
Blockstream officially announced Thursday that the company raised 13.9 million euros ($16.

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China’s state planning agency calls for public opinion on Bitcoin mining ban

China’s National Development and Reform Commission is seeking public opinion on the inclusion of crypto mining in its list of “phased-out” industries.
The call for public comments by the country’s macroeconomic planning agency was contained in a release issued on Thursday.
Back on Sept.

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Jack Dorsey’s Square plans to build an open-source Bitcoin mining system

American finserv Square will soon begin investigating technical requirements for building an open-source Bitcoin (BTC) mining system, according to CEO Jack Dorsey.
Dorsey shared a series of tweets explaining his intent to follow a collaborative approach in further decentralizing Bitcoin mining.

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Stronghold Digital Mining Listing Shares at Roughly $17 in $100M IPO – BeInCrypto

Pennsylvania-based Stronghold Digital Mining plans to raise $100M by offering 5.9 million shares at between to $16 – $18.
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Stronghold Digital Mining has filed Form S-1 with the SEC to raise between $94 million and $106 million in an initial public offering.

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Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury

According to a Form 8-K filing with the United States Securities and Exchange Commission (SEC) on Monday, Cipher Mining will purchase 28,000 to 56,000 next-generation Bitcoin mining hardware from Bitfury at a cost of $6,250 per rig.

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US dominates global Bitcoin hash rate distribution after China crackdown

Following sweeping crackdowns by China against Bitcoin mining activity, the United States has now emerged as the leading nation in terms of hash rate.
According to the Cambridge Bitcoin Electricity Consumption Index (CBECI), Bitcoin (BTC) miners in America account for 35.

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