Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for February 2023
Production remained stable month over month at 35.06 bitcoinOperations achieved 90.6 BTC/EH efficiencyUptime was 89% Toronto, Ontario--(Newsfile Corp. - March 16, 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 February 28, 2023.CEO Comments"February was a game changing month for Sphere 3D. We successfully found homes for, and began deploying, the majority...
2023-03-16 7:30 AM EDT
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for January 2023
Grew production by 111% month over month to 37.84 Bitcoin Operations achieved 108.9 BTC/EH efficiencyToronto, Ontario--(Newsfile Corp. - February 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 January 31, 2023.CEO Comments"January was another pivotal month for Sphere 3D, with the receipt of approximately 11,000 miners and a long-awaited boost in...
2023-02-17 7:30 AM EST
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for December 2022
Increased production capacity by about 267%Grew production by 74% month over month to 17.93 BitcoinBitcoin holdings totaled 103.01 at month-endOperations achieved 113.3 BTC/EH efficiency Toronto, Ontario--(Newsfile Corp. - January 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 the month ending December 31, 2022.CEO Comments"December was transformative for Sphere 3D from start to finish,...
2023-01-11 7:30 AM EST
Sphere 3D Corp. Increases Production Capacity by Approximately 267%
More than 2,665 new miners started hashing at the Wolf Hollow siteProduction capacity jumps to about 365 petahashes per secondToronto, Ontario--(Newsfile Corp. - December 20, 2022) - 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, has grown its production capacity 267 percent by energizing more than 2,665 new miners."This increase in production capacity is great news for the Company and our shareholders," said...
2022-12-20 9:17 AM EST
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for November 2022
Production for the month totaled 10.28 BitcoinTotal Bitcoin holdings were 90.34 at month endOperations achieved 105.2 BTC/EH efficiency Toronto, Ontario--(Newsfile Corp. - December 15, 2022) - 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 ending November 30, 2022.CEO Comments"November was a month of significant achievements for Sphere 3D. With the announced restructuring of...
2022-12-15 8:00 AM EST
Sphere 3D Appoints Banking and Financial Industry Leader Susan S. Harnett to its Board of Directors
Toronto, Ontario--(Newsfile Corp. - November 15, 2022) - 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, has appointed to its Board of Directors, Susan Harnett. Ms. Harnett is a veteran senior executive with tier-one financial companies, a FinTech expert advising and mentoring digital startups, and a champion for women leaders and women-led companies. Ms. Harnett is also recognized as a Certified Corporate...
2022-11-15 8:00 AM EST
Sphere 3D Reports Third Quarter 2022 Financial Results and Operational Updates
Toronto, Ontario--(Newsfile Corp. - November 10, 2022) - 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 the quarter ended September 30, 2022.Comments from Sphere 3D CEO, Patricia Trompeter"During the third quarter, Sphere 3D made enormous strides. The task of transforming the Company and positioning it for long-term success is advancing steadily. "As a result of the growth of...
2022-11-10 4:15 PM EST
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for October 2022
Restructured Purchase Agreement with BitFuFuProduction for the month totaled 10.93 BitcoinTotal Bitcoin holdings were 84.92 at month endOperations achieved 114.42 BTC/EH efficiency Toronto, Ontario--(Newsfile Corp. - November 10, 2022) - 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 ending October 31, 2022.CEO Comments"During October, Sphere 3D made enormous strides in positioning the Company to...
2022-11-10 8:00 AM EST
Sphere 3D Corp. Announces Cancellation of 37.5% of the Outstanding Series H Preferred Shares and Agreement with Hertford Advisors
Cancellation of 37.5% or 36,000 of the Outstanding Series H Preferred Shares Nomination of David Danziger, CPA, CA, for election to the Board of Directors at Upcoming 2022 Annual and Special General MeetingVoting and Standstill Agreement with HertfordToronto, Ontario--(Newsfile Corp. - November 8, 2022) - 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 entered into an agreement (the "Agreement")...
2022-11-08 8:00 AM EST
Sphere 3D Corp. Restructures Miner Equipment Contract with BitFuFu
New Contract Applies Prepaid Deposits to Secure Immediate Shipment of 1.7 EH/s of CapacityEliminates Purchase Obligations for Miners at Above Current Market RatesGrows Sphere 3D Mining Fleet Dramatically in 2022 Toronto, Ontario--(Newsfile Corp. - October 20, 2022) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company, has restructured its purchase agreement for 6.0 exahashes/second of capacity or approximately 60,000 S19j Pros, with Fufu Technologies, "BitFuFu".The restructured contract initially entered...
2022-10-20 8:30 AM EDT
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for September 2022
The Company's production capacity is set to grow by 400% with the installation and activation of 2,946 miners released from U.S. Customs Production for the month totaled 11.06 BitcoinTotal Bitcoin holdings were 78.06 Operations achieved 122 BTC/EH efficiency Toronto, Ontario--(Newsfile Corp. - October 6, 2022) - 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 as of September...
2022-10-06 8:00 AM EDT
Sphere 3D Corp. Secures the Delivery of 2,946 S19j Pros from U.S. Customs
Final portion of the 4,026 unit batch released from U.S. CustomsThe addition of the miners will grow the Sphere 3D mining fleet to more than 5,000 minersThe miners are expected to be installed and energized in Texas through October 2022Toronto, Ontario--(Newsfile Corp. - September 20, 2022) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming a leader in Bitcoin mining, has secured the release of an additional 2,946 S19j Pros of its 4,026-unit batch from...
2022-09-20 9:00 AM EDT
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for August 2022
1,080 miners were released from U.S. Customs and are on the way to Compute North in TexasProduction for the month totaled 12.76 BitcoinTotal Bitcoin holdings were 74.81 Operations achieved 140.0 BTC/EH efficiency Toronto, Ontario--(Newsfile Corp. - September 8, 2022) - 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 as of August 31, 2022.CEO Comments"We continue to maximize the...
2022-09-08 4:30 PM EDT
Sphere 3D Reports Fiscal Year 2021 Financial Results
Toronto, Ontario--(Newsfile Corp. - March 31, 2022) - Sphere 3D Corp. (NASDAQ: ANY), a company dedicated to becoming the leading carbon-neutral bitcoin mining company operating at enterprise scale and provider of data management solutions, today reported financial results for its year ended December 31, 2021. "As I look back at 2021, I am proud of the progress made by the Company," said Peter Tassiopoulos, CEO of Sphere 3D. "We successfully pivoted to pursue opportunities in the cryptocurrency mining...
2022-03-31 6:00 AM EDT
Sphere 3D Reports Third Quarter Fiscal Year 2021 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 15, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D"), a company delivering containerization, virtualization, and data management solutions, today reported financial results for its third quarter ended September 30, 2021. "It has been an eventful quarter and fiscal 2021 to date for the Company. We have successfully pivoted to the cryptocurrency mining industry with the purchase of our first 60,000 miners, capable of producing 6 exahash of capacity, with the company...
2021-11-15 5:10 PM EST
Sphere 3D and Gryphon Secure Largest Single Hosting Services Deal in Core Scientific's History
Toronto, Ontario--(Newsfile Corp. - October 13, 2021) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, is pleased to announce that it has entered into an agreement with Gryphon Digital Mining1 ("Gryphon") for approximately 230 MW of carbon neutral bitcoin mining hosting capacity to be managed by Core Scientific ("Core") as hosting partner. This hosting agreement is the single largest order in Core's history and represents yet another step...
2021-10-13 7:00 AM EDT
Sphere 3D Secures Order for 60,000 BTC Antminers, One of the Largest Single Orders in Digital Mining Industry History
Toronto, Ontario--(Newsfile Corp. - September 21, 2021) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, announces that it made a US$85 million payment towards its previously announced purchase order for 60,000 bitcoin mining rigs ("miners"). The company has purchased 60,000 Antminer S19j Pros, currently considered the industry leading miner, which will commence delivery in November of 2021. After certain adjustments to the original miner model mix, Sphere...
2021-09-21 4:00 AM EDT
Sphere 3D Merger Target Gryphon, Launches First Batch of its 7,200 S19j Miners
Toronto, Ontario--(Newsfile Corp. - September 16, 2021) - Sphere 3D Corp. (Nasdaq: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions announced today that Gryphon Digital Mining, which has entered into an Agreement and Plan of Merger with the Company, has received the first batch of its 7,200 S19j Pro Antminers (the "Miners") and they are installed and now mining bitcoin. This is transformational for Gryphon as it transitions from an aspirational bitcoin miner...
2021-09-16 4:00 AM EDT
Sphere 3D Retains Legal Capital as Advisor
Toronto, Ontario--(Newsfile Corp. - September 9, 2021) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, announces it has retained Legal Capital, a global investment management company, as an advisor.Legal Capital is a private equity firm headquartered in China and the US, specializing in global investments for high-quality capital. Most notably it has invested in a number of high profiled global industry leaders."We are excited and honoured to have...
2021-09-09 11:26 PM EDT
Sphere 3D Corp. Announces Closing of Previously Announced $192.1 Million Registered Direct Offering Priced At-the-Market
Toronto, Ontario--(Newsfile Corp. - September 8, 2021) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, announced that it closed its previously announced US$192,100,000 Registered Direct Offering priced At-the-Market. The combined purchase price for one common share and one-half warrant to purchase one common share is $8.50. Under the terms of the agreement, Sphere 3D sold a total of 22,600,000 common shares and warrants to purchase 11,300,000 common shares....
2021-09-08 1:50 PM EDT