Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin
The mining firm said it expects its fleet of 133,000 miners to produce a hash rate of roughly 13.3 EH/s by 2023. Go to Source Powered by WPeMatico
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Laotian govt budget expected to gain $194M from crypto miners by 2022
Lawmakers reportedly plan to use the extra revenue for “priority programs,” including paying down the national debt and responding to the pandemic. Go to Source Powered by WPeMatico
Crypto founders top young Australian rich list
Seven of Australia’s 87 richest entrepreneurs aged 40 and under are crypto founders, according to the Australian Financial Review. Go to Source Powered by WPeMatico
Argo Blockchain mines record 597 BTC during Q3 2021
Argo Blockchain pocketed a record revenue of $26 million for the third quarter after mining nearly 600 BTC. Go to Source Powered by WPeMatico
Genesis Digital Assets announces new data center in Texas
Genesis Digital Assets’ new Bitcoin Texan mining center will have a capacity of 300 megawatts. Go to Source Powered by WPeMatico
Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas
Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. According to the announcement, Genesis says that the new facility will have 300 megawatts of capacity with a “low … Read more
Industrial Bitcoin mining breathes new life into tiny Texan town
Major Bitcoin miners have set up shop in a former aluminium smelting plant in the small Texan town of Rockdale. Go to Source Powered by WPeMatico
Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan
On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from 1.2 exahash per second (EH/s) to 3 EH/s by March 2022. Hive Secures an … Read more
Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years
Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate. Go to Source Powered by WPeMatico
Stoush over Greenidge miner’s legal threats to activists over ‘false’ claims
Greenidge has refuted the claims that is pursuing legal action right now or “preventing anyone from sharing their position.” Go to Source Powered by WPeMatico