Bit Digital


Tech

AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace

Public bitcoin miners are rushing to build AI business lines, but there’s still room for their original mandate, says this investment bank analyst.

(Shutterstock)

Videos

BitDigital’s AI Play With Sam Tabar

Will is joined by Sam Tabar, CEO of BitDigital, to discuss the Bitcoin miner’s focus on AI, its asset-light mining strategy and how Sam is thinking about mining post-halving.

The Mining Pod

Finance

Bitcoin Miner Bit Digital Diversifies Into AI for 'Substantially Higher Margin' Than Mining

The firm is looking for a "reliable income stream ... that is uncorrelated to bitcoin prices."

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Videos

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 the miner's fairly recent expansion into Iceland.

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Videos

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 can't control."

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Videos

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.

Consensus 2023 Highlights

Finance

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)

Policy

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)

Finance

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.

Mining rigs in Plattsburgh, N.Y. (Fran Velasquez/CoinDesk)

Videos

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 at large.

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