Bit Digital

Bit Digital CEO on Q2 Earnings, Headwinds in the Mining Industry
Bit Digital CEO on Q2 Earnings, Headwinds in the Mining Industry
Mining company Bit Digital reported its latest quarterly earnings results this week The company earned 318 4 bitcoins during the second quarter of 2023 Bit Digital CEO Sam Tabar joins First Mover to discuss why bitcoin's BTC price is a major headwind for the mining industry Plus insights on their nearly carbon free operations and [...]
Bit Digital CEO on Q2 Earnings, Headwinds in the Mining Industry

Bit Digital CEO: 'Biggest Headwind' Is the Price of Bitcoin
Bit Digital CEO: 'Biggest Headwind' Is the Price of Bitcoin
Following the release of Bit Digital's second quarter earnings CEO Sam Tabar provides insights into expectations for the third quarter While highlighting the bitcoin mining company's strides in diversification and environmental initiatives Tabar points out potential market uncertainties saying The biggest headwind would obviously be the price of bitcoin That's a macro factor that we [...]
Bit Digital CEO: 'Biggest Headwind' Is the Price of Bitcoin

Bit Digital CEO: 'Infighting Doesn't Do Us Any Favors'
Bit Digital CEO: 'Infighting Doesn't Do Us Any Favors'
Bit Digital CEO Sam Tabar, explains at Consensus 2023, the five mounting challenges of bitcoin mining. Plus, his outlook on why "infighting" among cryptocurrencies is not doing the industry any favors.
Bit Digital CEO: 'Infighting Doesn't Do Us Any Favors'

(Leon Neal/Getty Images)
Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes
Auros, the trading firm that lost $20 million in FTX’s implosion, was released from provisional liquidation by a British Virgin Island court after major debt restructuring and the investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.
(Leon Neal/Getty Images)

The Blockfusion crypto mining facility in Niagara Falls, New York. (Eliza Gkritsi/CoinDesk)
Blockfusion's Crypto Mine in Niagara Falls Shut Down Due to Zoning Ordinances
As soon as the city's moratorium on the industry was lifted, Blockfusion was ordered to shut down over zoning issues.
The Blockfusion crypto mining facility in Niagara Falls, New York. (Eliza Gkritsi/CoinDesk)

A photo of four mining rigs
Why Bit Digital Is Expanding Into Canada
Bit Digital Chief Strategy Officer Samir Tabar joined CoinDesk TV’s “All About Bitcoin,” to discuss the mining company’s bid to increase hosting capacity in Canada.
A photo of four mining rigs

Bit Digital Exec on Canada Expansion, State of Crypto Mining
Bit Digital Exec on Canada Expansion, State of Crypto Mining
Sam Tabar chief strategy officer at New York based digital asset mining company Bit Digital shares insights into expanding operations to Canada Plus his take on the potential repercussions of New York’s two year bitcoin mining moratorium bill Sen Warren D Mass targeting miners for their energy consumption and the state of the mining industry [...]
Bit Digital Exec on Canada Expansion, State of Crypto Mining

Blockfusion's mining facility in Niagara Falls, New York, that hosts Bit Digital's mining rigs. (Eliza Gkritsi/CoinDesk)
Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate
The bitcoin miner has struggled to recover its hashrate since moving its operations out of China.
Blockfusion's mining facility in Niagara Falls, New York, that hosts Bit Digital's mining rigs. (Eliza Gkritsi/CoinDesk)

The Blockfusion crypto mining facility in Niagara Falls, N.Y. (Eliza Gkritsi/CoinDesk)
First a Hum and Then a Bang: Niagara Falls Residents Forced to Reckon With Crypto Mining
The city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.
The Blockfusion crypto mining facility in Niagara Falls, N.Y. (Eliza Gkritsi/CoinDesk)

asics, bitcoin mining, miners
Bit Digital Partners With BitMine to Host 7K ASIC Miners
BitMine will store the machines in immersion coolers for greater efficiency.
asics, bitcoin mining, miners