Sphere 3D Corp. Provides January 2024 Production and Operation Updates
Toronto, Ontario--(Newsfile Corp. - February 8, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), dedicated to becoming the leading carbon-neutral Bitcoin mining company, is providing the results of its Bitcoin mining operation for January 2024.Key Highlights:61.0 Bitcoin mined in January, up 61% YoY.Month-end operating hash rate was 1.2 EH/s, down from December due to machine transfers.Uptime was 82%. Metrics1
2024-02-08 7:45 AM EST
Sphere 3D Announces Agreement with Core Scientific
Toronto, Ontario--(Newsfile Corp. - January 23, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company has reached a settlement agreement (the "Settlement Agreement") with Core Scientific, Inc. (together with its affiliates, "Core") which was approved by United States Bankruptcy Judge Christopher M. Lopez on January 16, 2024 as part of Core's emergence from bankruptcy. Pursuant to the Settlement Agreement:Sphere 3D will receive $10,000,000 in equity of Core;Sphere 3D...
2024-01-23 7:45 AM EST
Sphere 3D Corp. Provides December 2023 Production and Operation Updates
Toronto, Ontario--(Newsfile Corp. - January 4, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company, is providing the results of its Bitcoin mining operation for December 2023.Key Highlights:73.5 Bitcoin mined in December, up from November and up 311% YoY.Month-end operating hash rate was 1.3 EH/s, flat from November and up 4X YoY.Uptime was 77% due to issues at our hosting partner's Missouri site.
2024-01-04 8:00 AM EST
Sphere 3D Corp. Provides November 2023 Production and Operation Updates
Toronto, Ontario--(Newsfile Corp. - December 5, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company is providing results of its Bitcoin mining operation for Nov 2023.Key Highlights:71.7 Bitcoin mined in November, up 4% from October and up 596% YoY.Month-end operating hash rate was 1.3 EH/s, flat from October and up 13X YoY.Uptime was 86%.
2023-12-05 8:00 AM EST
Sphere 3D Reports Third Quarter 2023 Financial Results and Operational Updates
Toronto, Ontario--(Newsfile Corp. - November 13, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today reported financial results for the third quarter ended September 30, 2023.Q3 2023 HighlightsRevenue increased 322% year-over-year to $5.7 million.Mined 181.7 Bitcoin, representing a 396% increase year-over-year. As of September 30, 2023, the Company had Bitcoin holdings of 16.5 with a market value of $0.4 million. CEO Comments"I'm...
2023-11-13 4:15 PM EST
Sphere 3D Corp. Provides October 2023 Production and Operation Updates
Toronto, Ontario--(Newsfile Corp. - November 9, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, is providing results of its Bitcoin mining operation for October 2023.Key Highlights:69.2 Bitcoin mined in October, up 8.8% from September and up 535% YoY.Month-end operating hash rate was 1.3 EH/s, flat from September and up 13X YoY.Uptime was 83%.
2023-11-09 7:45 AM EST
Sphere 3D Corp. Provides September 2023 Production and Operation Updates
Toronto, Ontario--(Newsfile Corp. - October 12, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for September 2023.Key Highlights:63.6 Bitcoin mined in September, up 9.1% from August and up 473% YoY.Month-end operating hash rate was 1.3 EH/s, flat from August and up 13X YoY.Operations achieved 84.0 BTC/EH efficiency.Uptime was 66% due to curtailments from higher temperatures...
2023-10-12 7:30 AM EDT
Sphere 3D Corp. Provides August 2023 Production and Operation Updates
Toronto, Ontario--(Newsfile Corp. - September 11, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for August 2023.Key Highlights:58.3 Bitcoin mined in August, down 2.5% from July and up 359% YoY.Month-end operating hash rate was 1.3 EH/s, up 18% from July and 13x YoY.Operations achieved 74.1 BTC/EH efficiency.Uptime was 66%, down from July due to a...
2023-09-11 8:00 AM EDT
Sphere 3D Corp. to Participate in H.C. Wainwright's 25th Annual Global Investment Conference
Toronto, Ontario--(Newsfile Corp. - August 23, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today announced that Patricia Trompeter, CEO of Sphere 3D, will participate in the H.C. Wainwright 25th Annual Global Investment Conference, scheduled to take place from September 11 to 13, 2023.Patricia will be available for one-on-one and small group meetings with institutional investors. For more information about the conference...
2023-08-23 8:00 AM EDT
Sphere 3D Corp. Reports Second Quarter 2023 Financial Results and Operational Updates
Toronto, Ontario--(Newsfile Corp. - August 14, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today reported financial results for the second quarter ended June 30, 2023.Q2 2023 Highlights and Recent DevelopmentsRevenue increased 189% year-over-year to $5.5 million.Mined 178.4 Bitcoin, representing a 381% increase year-over-year.As of June 30, 2023, the Company held 10.2 Bitcoin with a market value of $0.6 million.As of August...
2023-08-14 4:33 PM EDT
Sphere 3D Corp. Provides July 2023 Production and Operation Updates
Toronto, Ontario--(Newsfile Corp. - August 8, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for July 2023.Key Highlights:59.8 Bitcoin mined in July, down 8% from June and up 367% year-over-yearMonth-end operating hash rate increased to 1.1 EH/sOperations achieved 75.2 BTC/EH efficiencyUptime was 80%, down from June due to increase in curtailments over the month as...
2023-08-08 8:00 AM EDT
Sphere 3D Corp. Provides June 2023 Production and Operation Updates
Toronto, Ontario--(Newsfile Corp. - July 17, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for June 2023.Key Highlights:65.1 Bitcoin were mined in June, down 16% from May and up 434% year-over-yearMonth-end operating hash rate increased to 1.0 EH/sOperations achieved 76.3 BTC/EH efficiencyUptime was 86%, down sequentially from May due to curtailments near the end of...
2023-07-17 7:30 AM EDT
Sphere 3D Completes 1-for-7 Share Consolidation
Toronto, Ontario--(Newsfile Corp. - June 28, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today announced that it has effected a share consolidation (also known as a reverse stock split) of its common shares on a 1-for-7 basis, which was previously approved by shareholders on June 23, 2023.The Company's common shares will begin trading on a post-consolidation basis on the NASDAQ Capital Market as...
2023-06-28 12:45 PM EDT
Sphere 3D Corp. Provides May 2023 Production and Operation Updates
Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for May 2023.Key Highlights:77.7 Bitcoin were mined in May, up 118% from April and up 518% year-over-yearMonth-end operating hash rate increased to 1.0 EH/sOperations achieved 92.1 BTC/EH efficiencyUptime was 89%
2023-06-13 7:30 AM EDT
Sphere 3D Reports First Quarter 2023 Financial Results and Operational Updates
Toronto, Ontario--(Newsfile Corp. - May 11, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today reported financial results for the first quarter of FY 2023 ended March 31, 2023. The Company is also providing results of its Bitcoin Mining Operation and operational updates. 2023 First Quarter Highlights and Recent DevelopmentsRevenue increased by $1.6 million, to $3.0 million during the quarter ended March...
2023-05-11 4:48 PM EDT
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for April 2023
Production was 35.59 BitcoinOperations achieved 80.9 BTC/EH efficiencyUptime was 94% For April 2023Toronto, Ontario--(Newsfile Corp. - May 9, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for the month ended April 30, 2023.CEO Comments"April was a pivotal month for Sphere 3D. We deployed the 4,400 miners we received in January to Rebel Mining for energization...
2023-05-09 7:30 AM EDT
Sphere 3D Completes Private Placement with LDA Capital
Toronto, Ontario--(Newsfile Corp. - April 21, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, announced today that it has entered into a securities purchase agreement with LDA Capital Limited ("LDA Capital") to raise up to $3 million in capital. The Sphere3D transaction corroborates LDA's approach to double down in the crypto ecosystem in a time where fear, uncertainty and doubt...
2023-04-21 4:05 PM EDT
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for March 2023
Production grew month over month at 37.35 bitcoinOperations achieved 91.0 BTC/EH efficiencyUptime was 94 % For March 2023Bitcoin produced 1Q23 were 110.25Toronto, Ontario--(Newsfile Corp. - April 17, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for the month ended March 31, 2023.CEO Comments"We produced bitcoin at a steady rate during March. We are proud...
2023-04-17 7:30 AM EDT
Sphere 3D Files Litigation Against Gryphon Digital Mining
Toronto, Ontario--(Newsfile Corp. - April 7, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, announces it filed litigation today against Gryphon Digital Mining, Inc. ("Gryphon"). "Today we filed litigation against Gryphon, the custodial management services provider of our blockchain and cryptocurrency-related services, for materially breaching the Master Services Agreement ("MSA") we entered into with Gryphon. We believe that Gryphon has put...
2023-04-07 3:30 PM EDT
Sphere 3D Reports Fiscal Year 2022 Financial Results and Operational Updates
Toronto, Ontario--(Newsfile Corp. - March 31, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, is pleased to announce financial results for its fiscal year ended December 31, 2022.Comments from Sphere 3D Leadership"Last year, 2022, was a difficult, unrelenting year for the entire digital asset mining industry. For Sphere 3D it was a particularly exigent time as we focused on entering the digital asset mining...
2023-03-31 4:21 PM EDT