HASHBRANCH AND MERKLE STANDARD DEPLOY MASSIVE 1.3 EXAHASH BITCOIN MINING OPERATION
SAN DIEGO, April 16, 2025 (Bitwire) -- Merkle Standard, a leading sustainable cryptocurrency mining company, and Hashbranch, the software-enabled Bitcoin mining investment platform, today announced the successful deployment of 13,000 Bitcoin mining units, representing 1.3 Exahash of computing power across 30MW of capacity.
The strategic collaboration, which progressed from initial discussions to full implementation through an accelerated timeline, demonstrates both companies' commitment to creating innovative solutions for institutional mining operations. The seamless execution highlights the operational synergy and aligned vision that characterizes the partnership.
'This partnership with Hashbranch has allowed us to monetize our available rack space at several locations while implementing a unique profit-sharing model that helps all parties navigate hashprice fluctuations,' said Barry An, Senior Vice President at Allrise Capital, the investment management firm behind Merkle Standard. 'Hashbranch's ability to match the hardware profile and optimal contract terms resulted in an exceptionally efficient process, moving from introduction to signed agreement in under 45 days.'
The agreement includes options to expand the deployment to 23,000 units, further solidifying the relationship between the companies and demonstrating confidence in the innovative hosting model.
'By focusing on end-of-life strategies for older Bitcoin mining equipment, we've created a framework that unlocks maximum value regardless of market conditions,' said Tom Merkle, Co-Founder & CEO at Hashbranch. 'Our role in facilitating this agreement demonstrates our ability to align incentives and create sustainable value for institutional mining operations.'
Hashbranch provided crucial market intelligence and contract structuring expertise throughout the process, helping both parties accurately assess value and expedite the agreement. The collaboration highlights Hashbranch's growing role in servicing the professional needs of larger institutional clients with specialized requirements through market analysis, strategic matchmaking, and innovative deal structuring.
For more information about Merkle Standard's sustainable mining operations or Hashbranch's infrastructure solutions, please visit merklestandard.com or hashbranch.com .
About Merkle Standard
Merkle Standard is a premier digital asset mining company based in Washington state with operating sites across the country. The company has a distinct focus on developing North America's most efficient vertically integrated self-mining platform and hosting services. In addition, Merkle Standard specializes in rapid data center development consistently executing buildouts that take less than one year from groundbreaking to mining. At their flagship site in Northeast Washington, Merkle Standard have been operating more than 20 megawatts of water-cooled ('hydro') ASICs since fall of 2022, earning the company accolades as the largest successful operation of 'hydros' in the United States.
About Hashbranch
Hashbranch is the #1 hosting platform for U.S. Bitcoin mining. The company provides enterprise-grade hardware brokerage services to institutional clients worldwide. Leveraging advanced market intelligence, they connect miners with premier hardware and hosting solutions that maximize investment returns. Their proprietary software platform transforms the entire mining lifecycle, pioneering innovative strategies that extend ASIC profitability well beyond conventional industry timelines.
Media Contacts:
Merkle Standard
Laura Verity
[email protected]
509 550 7292
Hashbranch
Deepak Atyam
[email protected]
562 600 0598
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
5 hours ago
- Business Upturn
SunnyMining Launches First Public Welfare Cloud Mining Platform—Earn Crypto, Do Good
Los Angeles, California, July 04, 2025 (GLOBE NEWSWIRE) — SunnyMining, the world's leading cloud mining service provider, today announced the official launch of the first cloud mining program that integrates the concept of public welfare. The project closely combines innovative cryptocurrency revenue models with social responsibility, and is committed to promoting the sustainable and healthy development of the digital mining industry. By adopting green and low-carbon mining technology and continuously investing part of the revenue in education, environmental protection and various public welfare undertakings, SunnyMining not only allows users to easily earn mainstream cryptocurrencies, but also injects new impetus and value into social welfare. Daniel Hargreaves, CEO of SunnyMining, said: 'Our public welfare cloud mining program allows every user to be part of a social good. We are committed to using responsible innovation to fund projects that improve people's livelihoods and promote sustainable development, and to set a new benchmark for the crypto industry to achieve profitability and social responsibility in parallel.' Main features of Sunny Mining public welfare cloud mining project Focusing on user benefits：SunnyMining breaks the traditional threshold, allowing every user to easily participate in cloud mining without any professional equipment or technical thresholds. After registration, you can mine mainstream cryptocurrencies such as Bitcoin and Dogecoin through the platform to achieve convenient benefits. Continuous support for public welfare：The platform promises to continue to invest part of its operating profits in public welfare projects around the world, and practice corporate social responsibility with practical actions. Every time a user earns a share of income, it also indirectly contributes to social welfare. Green, low-carbon and environmentally friendly：SunnyMining adheres to the concept of green mining, vigorously adopts renewable energy to drive data centers, optimizes energy efficiency, and strives to achieve a win-win situation between mining benefits and environmental protection. Open, transparent, trustworthy：The platform discloses mining results in real time, with transparent benefits and clear capital flows, so that every user can participate and profit with peace of mind. Exclusive benefits for new users:Newly registered users can get $15 immediately, and experience cloud mining without investment, and easily start the encryption journey. One-stop experience: How to participate in SunnyMining public welfare cloud mining Register an account Visit the SunnyMining official website or download the official APP, follow the instructions to quickly register, the process is simple and the operation is friendly. Choose a contract plan The platform provides a variety of flexible contracts, ranging from short-term trials to high-yield long-term plans. The investment threshold, cycle and income of each contract are clearly displayed, which is convenient for users to choose as needed. Automatic daily settlement of income After the contract is activated, the system will automatically allocate computing power and help you mine. Daily income is automatically settled, and you can check it on the APP at any time. The operation is simple and the process is transparent. List of mainstream cloud mining contracts contract Investment cycle Total income New Learner Experience Contract $100 2 Day $100 + $8 Genesis Contract Plan I $600 7 Day $600 + $54.6 Genesis Contract Plan II $1,200 10 Day $1,000 + $160.8 Enhanced Contract Plan I $5,000 22 Day $5,000 + $1,584 Enhanced Contract Plan II $8,000 27 Day $8000 + $3218 Enhanced Contract Plan III $12000 35 Day $12000 + $6468 Advanced Contract Plan I $23,000 42 Day $23,000 + $15,359 For more detailed contract information and terms, please visit SunnyMining official website. 'This project sets a new benchmark for the industry and fully proves that profitability and social responsibility can go hand in hand in the field of crypto mining.' —— David Chen, blockchain industry expert About SunnyMining SunnyMining is an innovative cloud mining platform. Since its establishment in 2019, it has always insisted on providing users with convenient, efficient and sustainable cryptocurrency mining services. We not only attach importance to the continuous upgrading of technology, but also integrate social responsibility into every step of corporate development. We are committed to empowering global users, while actively giving back to the society and helping public welfare and environmental protection. Welcome to visit SunnyMining's official website for more details and start your new experience of public welfare cloud mining. Official website: For media inquiries, please contact: SunnyMining public relations team Email: [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Upturn
5 hours ago
- Business Upturn
BSTR Miner Launches User-Friendly Cloud Mining Platform Alongside Educational Guide: 'Crypto Mining Explained
Phoenix, USA, July 04, 2025 (GLOBE NEWSWIRE) — Tired of hearing about crypto mining but feeling locked out by technical and financial hurdles? BSTR Miner, a innovator in crypto infrastructure, is tackling this head-on. Today, the company released a practical, jargon-busting guide titled 'Crypto Mining Explained: No PhD Required' and simultaneously launched its next-generation cloud mining platform. This one-two punch aims to demystify the critical engine powering blockchains like Bitcoin while offering a genuinely accessible on-ramp for investors of all stripes. Beyond the Buzzwords: What Mining Really Does Forget the image of geeks in basements. BSTR Miner's guide cuts through the hype, positioning cryptocurrency mining as the indispensable security backbone of major networks. It's the computationally intensive process where specialized machines (powerful, purpose-built computers called ASICs) race to solve complex cryptographic puzzles. The winner earns the right to add a verified batch of transactions (a 'block') to the immutable blockchain ledger. Their reward? Freshly minted coins and transaction fees – a powerful incentive that keeps the entire system honest and resistant to tampering or double-spending (the infamous 'Proof-of-Work' mechanism). The catch? Doing this profitably on your own has been a high-stakes game. It demands sinking serious cash into rapidly depreciating ASIC rigs, navigating complex setups, hunting for affordable (often unsustainable) power, and becoming a part-time tech support expert. For most, it's been a non-starter. BSTR Miner: Ditching the Hardware Headaches BSTR Miner's answer is cloud mining: renting raw computational power (hashrate) from their industrial-scale operations. Their newly launched platform strips away traditional barriers. 'We constantly hear from people fascinated by crypto but who feel completely intimidated by mining,' said Alex Chen, Co-Founder and CTO of BSTR Miner, drawing on his decade of experience in data center optimization. 'Our goal isn't just to sell a service; it's to empower. First, we provide clear, honest education – no fluff. Second, we offer a platform where anyone, anywhere, can tap into enterprise-grade mining infrastructure with a few clicks. We handle the hardware, maintenance, and soaring energy bills. Investors focus on potential returns, monitored easily from their phones.' Why Investors Are Eyeing BSTR Miner's Cloud Approach: Capital Light: Zero upfront ASIC costs. Redirect capital into actual hashing power.(Register now to get a chance to win $22,000) Zero upfront ASIC costs. Redirect capital into actual hashing power.(Register now to get a chance to win $22,000) Tech Agnostic: Forget firmware updates or overheating worries. Their team handles it 24/7 in climate-controlled, professionally managed facilities. Forget firmware updates or overheating worries. Their team handles it 24/7 in climate-controlled, professionally managed facilities. Energy-Smart (Not Just Cheap): Recognizing crypto's energy critique, BSTR strategically locates data centers near renewable sources (hydro in Scandinavia, geothermal in Iceland) and employs advanced cooling tech, aiming for a materially lower carbon footprint per hash than the average DIY miner. Recognizing crypto's energy critique, BSTR strategically locates data centers near renewable sources (hydro in Scandinavia, geothermal in Iceland) and employs advanced cooling tech, aiming for a materially lower carbon footprint per hash than the average DIY miner. Transparency as Standard: Real-time dashboards show estimated earnings, current hashrate utilization, and operational status – no black boxes. Real-time dashboards show estimated earnings, current hashrate utilization, and operational status – no black boxes. Flexibility Built-In: Options range from short-term 'test drives' to longer, potentially more cost-effective commitments, catering to cautious newcomers and seasoned allocators alike. Select a plan based on your budget and ROI expectations: Click here to view complete contract details Once activated, your crypto mining contract begins generating revenue the next day. When your balance reaches $100, you can withdraw earnings via popular wallets: USDT-TRC20, BTC (Bitcoin), ETH (Ethereum), LTC, USDC, XRP, USDT-ERC20, BCH, DOGE, SOL (Solana). Focus on Core Networks: Initially concentrating on proven, high-liquidity chains like Bitcoin (BTC), ensuring relevance and easier exit strategies. Betting on Blockchain's Long Game With institutional adoption accelerating and blockchain tech weaving into finance, supply chains, and beyond, the need for robust, decentralized mining isn't fading – it's intensifying. BSTR Miner positions its cloud solution as a scalable, reliable pillar for these networks, contributing security while broadening participation. 'This isn't just about convenience; it's about democratizing access,' Chen emphasized. 'By removing massive upfront costs and technical barriers, we're enabling a wider pool of global participants to benefit from crypto's growth engine – not just big players. Whether you're crypto-curious or diversifying your portfolio, we've built the bridge.' Ready to Explore? About BSTR Miner: Founded in 2019 amidst the last major mining migration, U.K-headquartered BSTR Miner has evolved from a niche hardware operator into a global cloud mining facilitator. By leveraging strategic energy partnerships and relentless operational efficiency gains across its facilities in North America and Europe, BSTR provides individuals and businesses with a simpler, lower-barrier entry point to cryptocurrency mining. Core tenets are operational transparency, relentless security, and user empowerment. Learn more: Media Contact: BSTR Miner [email protected]
Yahoo
9 hours ago
- Yahoo
Anthony Scaramucci Predicts Bitcoin Treasury Frenzy 'Will Fade'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Anthony Scaramucci, founder and managing partner of SkyBridge Capital, believes the recent surge in public companies adopting crypto treasury strategies is unlikely to last. What Happened: In an interview with Blooomberg, Scaramucci said the current wave of firms mimicking Michael Saylor's Bitcoin (CRYPTO: BTC) treasury model is likely to fade over time. "We're seeing this replication of the crypto treasury company idea right now," Scaramucci said. "But eventually, that will fade." According to Scaramucci, investors may soon realize it makes little sense to pay a premium for shares in companies that primarily hold Bitcoin or other crypto assets, assets that investors could purchase directly themselves. "Why pay the middleman?" he asked. Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Over the past year, several public companies have aggressively pursued crypto treasury strategies, inspired by Saylor's playbook at Strategy (NASDAQ:MSTR) (formerly MicroStrategy). The latest is BitMine Immersion Technologies (AMEX:BMNR), a Bitcoin mining firm that announced a $250 million private raise this week to build an Ethereum treasury. BitMine also appointed Thomas Lee, founder of Fundstrat and a frequent CNBC contributor, as its board chairman. Many of these companies have sought to differentiate themselves by enlisting high-profile advisors. Examples include Eric Trump, who serves on the board of Metaplanet (OTC:MTPLF), often referred to as Japan's answer to Strategy and Ethereum (CRYPTO: ETH) co-founder Joe Lubin, who is chairman at Sharplink Gaming (NASDAQ:SBET), a former betting company now focused on Ethereum treasury management. "Saylor's position is unique because Strategy is now offering multiple products," Scaramucci said. "I'm not criticizing the others—I'm bullish on Bitcoin—but investors need to carefully examine the hidden costs within each of these crypto treasury firms." SkyBridge's crypto-focused ETF, the First Trust SkyBridge Crypto Industry and Digital Economy ETF, lists Strategy as its largest holding. Saylor also wrote the foreword to Scaramucci's recently published Bitcoin It Matters: While Wall Street has launched an increasing number of crypto ETFs and diversified investment products, some of which compete with crypto treasury firms like Strategy, Strategy remains one of the year's top-performing crypto-related stocks. Strategy has funded its extensive Bitcoin purchases through a complex mix of stock and debt offerings, including convertible notes and, most recently, preferred shares. The crypto treasury model has also faced criticism. Short-seller Jim Chanos recently labeled Saylor's approach as 'financial gibberish,' arguing that investors would be better off buying Bitcoin directly rather than paying premiums for shares in companies like Strategy. Saylor dismissed Chanos's concerns, defending the premium that Strategy's shares command over its Bitcoin holdings. Scaramucci raised a similar question. "If you give a company $10 and they put $8 into Bitcoin, will they make money? Probably. But you might have done better just buying $10 worth of Bitcoin yourself. That's the real issue," he said. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Anthony Scaramucci Predicts Bitcoin Treasury Frenzy 'Will Fade' originally appeared on
