Bitcoin mining
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NetBrands Corp. Appoints Nico Smid of Digital Mining Solutions as Strategic Advisor
NetBrands Corp (NBND) appointed Nico Smid of Digital Mining Solutions as a strategic advisor to enhance its Bitcoin mining and digital asset management capabilities. Smid brings 15+ years of international business experience and expertise in the digital asset space since 2017, including a network of over 12,000 newsletter subscribers. The appointment signifies NetBrands’ expansion into Bitcoin mining and Web 3.0, aiming to strengthen its position in these evolving sectors.
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Cango Inc. Announces Completion of Secondary Acquisition and New Leadership Appointments
Cango Inc. (NYSE: CANG) has completed its strategic shift to Bitcoin mining with a new Board and senior management team. Xin Jin, founder and CEO of Antalpha Platform Holding Company, is the new Chairman. Peng Yu, with experience in BTC mining, energy, and asset management, assumes the role of CEO. The leadership changes coincide with the resignations of Xiaojun Zhang and Jiayuan Lin. This transformation signals Cango’s ambition to establish a presence in the digital asset space.
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HIVE Digital Technologies Hits 11 EH/s Bitcoin Hashrate Milestone, Finishes 100 MW Paraguay Phase 1 Early, and Eyes 25 EH/s by Thanksgiving
HIVE Digital Technologies has surpassed 11 EH/s in Bitcoin mining hashrate, achieving 11.4 EH/s, ahead of schedule. This success, driven by the completion of Phase 1 in Paraguay, reflects the company’s commitment to sustainable expansion. HIVE aims for 25 EH/s by Thanksgiving 2025 and is expanding its Paraguay site utilizing renewable energy. The company’s investments also support local communities through job creation and infrastructure development.
