Riot Blockchain is set to acquire a Texas data facility for $650M
The $650 million deal sees Riot Blockchain acquiring a major data center owned by Northern Data AG, one of its competitors. Go to Source Powered by WPeMatico
Bitcoin Mining
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Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange agreement. 500.com Changes Name to Bit Mining Limited and Acquires Bee Computing … Read more
Riot Blockchain purchases 42,000 Antminers from Bitmain
The $138.5 million deal will add an estimated 3.7 EH/s to Riot’s existing and planned mining capacity. Go to Source Powered by WPeMatico
UK Bitcoin mining revenues soar but China hogs 75% of ‘blood coin’ production
U.K.-based Argo Blockchain just did record revenues, but a new report suggests 75% of Bitcoin mining still takes place in China, where “blood coin” is made. Go to Source Powered by WPeMatico
Marathon Digital stock soars after company ramps up BTC mining in Q1
The company mined 196 BTC in the first quarter, bringing its total holdings to 5,143.2 BTC. Go to Source Powered by WPeMatico
Bitcoin miner firm Ebang launches Ebonex crypto exchange
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year. Go to Source Powered by WPeMatico
No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
“Blood coin,” “clean coin” and maybe even “virgin coin” will become commonplace phrases as Bitcoin’s environmental concerns continue to rage. Go to Source Powered by WPeMatico
Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties According to a report published by E Daily, the Abkhazian … Read more
Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month
On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s hashrate is around 160 exahash per second (EH/s) with 17 pools dedicating hashpower to the … Read more
Riot Blockchain’s hashing capacity grew 460% in 2020: Report
Riot Blockchain has published its 2020 financials and revealed it has increased its hashrate by 460%. Go to Source Powered by WPeMatico