Articles for tag: AI Demand, Bitcoin Mining, Bitfarms, cryptocurrency expansion, high-performance computing, Macquarie Group, Panther Creek

April 3, 2025

Bitfarms Secures $300 Million Loan from Macquarie to Boost Bitcoin Mining Operations and Expansion Plans

Bitfarms, a leading Bitcoin mining company, has secured a $300 million loan from Macquarie Group to enhance its high-performance computing data centers. Initially, $50 million is earmarked for the Panther Creek project in Pennsylvania, with the remaining funds contingent on meeting specific development goals. Once fully operational, Panther Creek aims to achieve a capacity of ...

January 2, 2025

Market News

Crypto

HIVE Digital Technologies Reaches 6 EH/s Hashrate Capacity Milestone, Strengthening Position in Cryptocurrency Mining Industry

HIVE Digital Technologies Ltd., a leader in sustainable blockchain infrastructure, announced a significant achievement on January 2, 2025, reaching an operational hashrate of 6.0 Exahashes per second, representing a 47% increase from the previous year. The company upgraded its Bitcoin mining fleet with advanced Avalon machines, enhancing efficiency and capacity. Additionally, HIVE secured competitive energy ...