Bit Deer November Mining News: Deutsche Telekom Enters Mining, Bhutan Holds Large Amounts of Bitcoin, Russia Improves Mining Tax Framework, etc.

Author | Wu Says Blockchain

Supported by Nasdaq-listed mining company Bitdeer

• Bitdeer announced the issuance of $360 million in convertible preferred notes with an interest rate of 5.25%, maturing in 2029, with part of the proceeds used for data center expansion.
• Applied Digital plans to raise $375 million through a private placement of convertible notes, with an annual interest rate of 2.75%, to hedge against shareholder dilution risks and for stock repurchase.
• Bitfarms is partnering with Stronghold Digital Mining to deploy 10,000 mining machines in the United States.
• Research by Exponential Science indicates that Bitcoin mining bans in certain regions may increase carbon emissions.
• Deutsche Telekom's subsidiary MMS is conducting Bitcoin mining using surplus energy.
• Marathon Digital and Riot Platforms achieved record Bitcoin production in October.
• BitFuFu's third-quarter financial report shows a hosting capacity of 556 megawatts and revenue of $90.30 million.
• Prosper received investment from Waterdrip Capital, planning to expand the Bitcoin ecosystem.
• Hut 8 plans to increase its self-mining capacity by 66%, to 9.3 EH/s.
• NYDIG acquired Consensus Technology Group, managing a hash rate of 5 EH/s.
• Bitmain Technology signed an agreement with HIVE Digital to provide 6,500 mining machines.
• Nano Labs accepts Bitcoin as a payment method.
• BitFuFu reached a credit agreement with Antpool, with loan amounts up to $100 million.
• Bhutan holds 13,011 Bitcoins, becoming the fourth-largest government Bitcoin holder in the world.
• MARA Holdings' third-quarter losses were in line with expectations, with revenue below expectations.
• Prosper received investment from BIT Mining Limited, focusing on Bitcoin mining development.
• A New York court allows Greenidge Generation to continue Bitcoin mining.
• MARA announced plans for a private placement of $700 million in convertible preferred notes.
• BIT Mining Ltd. agreed to pay $4 million in fines to settle bribery allegations.
• The Jiahe County court dismissed a contractual dispute case involving "mining" equipment.
• Russia plans to prohibit cryptocurrency mining in occupied areas of Ukraine.
• Jia Nan Technology reported third-quarter revenue of $73.61 million, a year-on-year increase of 120.9%.
• Texas requires Bitcoin mining companies to register and share facility information.
• U.S. Customs detained Bitmain's Antminer.
• Northern Data AG plans to sell its cryptocurrency mining business.
• MARA Holdings increased its holdings by 703 Bitcoins, bringing the total to 34,794 Bitcoins.
• The Russian parliament approved a tax framework for digital currencies, exempting value-added tax.
• Publicly listed mining companies have made fixed asset investments totaling $3.60 billion.
• The Bernese parliament in Switzerland approved the exploration of Bitcoin mining using surplus energy.
• Putin signed a digital currency taxation law, taxing mining income at progressive rates.