Riot Blockchain has entered into a “co-location mining services contract” to share Coinmint’s data center amid low crypto prices
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Bitcoin Miner Braves Pandemic Amid Partial Relocation to New York
Category: Coinmint
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Coronavirus Forces Riot Blockchain to Move Bitcoin Mining Units to New York
The majority of Bitcoin mining firms expected very little impact due tot he coronavirus crisis. Fast forward to today, and Riot Blockchain is effectively cutting costs by moving hardware to a different location. Riot Blockchain is one of the many companies engaged in Bitcoin mining as a business. Coronavirus Crisis Forces Riot Blockchain’s Hand While their services will remain operational, some nits will be moved to a different location. More specifically, several Bitcoin mining units will be shipped to New York. Interestingly enough, this is all made possible thanks to a new partnership with Coinmint. Riot Blockchain will use facilities of
The post Coronavirus Forces Riot Blockchain to Move Bitcoin Mining Units to New York appeared first on The Merkle News.
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Some Crypto-Mining Operations Are Not What They Say They Are
Bitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent […]
The post Some Crypto-Mining Operations Are Not What They Say They Are appeared first on Bitcoin News.
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Coinmint to Invest up to $700 Million in New York Mining Center
Coinmint has announced it commenced operations at its newest crypto mining facility in New York. Operated via its wholly owned subsidiary, North Country Data Center Corporation, it is already mining several cryptocurrencies including bitcoin, dash and ether. Also Read: Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India Mining Operations Come Online Located at a […]
The post Coinmint to Invest up to $700 Million in New York Mining Center appeared first on Bitcoin News.
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New York Wants a Piece of the Ever Growing Bitcoin Mining Pie
Watch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries. Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country […]
The post New York Wants a Piece of the Ever Growing Bitcoin Mining Pie appeared first on Bitcoin News.
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