$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation

$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining OperationOn Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000 bitcoin miners that leverage some of the cheapest natural […]

The post $65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitmain’s Nishant Sharma Talks China and Crypto in the Humans of Bitcoin Podcast

Bitmain's Nishant Sharma Talks China and Crypto in the Humans of Bitcoin PodcastThis week on the Humans of Bitcoin podcast host Matt Aaron chatted with Bitmain’s Nishant Sharma who shared his story and discussed the western hemisphere’s false impressions of China and Bitcoin. During the interview, Sharma conversed about his work with Bitmain, one of the largest cryptocurrency companies in the world, and addressed some of the […]

The post Bitmain’s Nishant Sharma Talks China and Crypto in the Humans of Bitcoin Podcast appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico