Argo Blockchain buys 320 acre land plot in Texas to expand mining operations
The acquisition will provide Argo with access to up to additional 200MW of cheap and renewable electrical power. Go to Source Powered by WPeMatico
Bitcoin Mining
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Is Bitcoin a Ponzi scheme? Pick your side in the latest Cointelegraph Crypto Duel!
Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme. Go to Source Powered by WPeMatico
$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies Inc., a newly formed U.S.-based bitcoin mining operation … Read more
Bitfury’s US Bitcoin mining subsidiary to go public via $2B SPAC merger
Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings. Go to Source Powered by WPeMatico
A peek into the Bitcoin miner’s 2020: Interview with BTC.top’s Jiang Zhuoer
Miners are making bank amid the price rally as manufacturers struggle to produce chips. Go to Source Powered by WPeMatico
Argo Blockchain CEO becomes first publicly-traded company exec paid in Bitcoin
The crypto miner CEO makes Bitcoin history by being the first exec of a publicly-traded company to take their full salary in Bitcoin Go to Source Powered by WPeMatico
Australian green energy Bitcoin mining firm doubles pre-IPO funding round
Iris Energy has upped its target for its second-IPO funding round. Go to Source Powered by WPeMatico
Bitfarms set to acquire 48,000 new miners in 2022 despite chip shortage
Chinese supplier MicroBT will be providing the new hardware over the next two years. Go to Source Powered by WPeMatico
China’s Inner Mongolia to shut down crypto mining farms by April 2021
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals. Go to Source Powered by WPeMatico
China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out
A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain are completely sold out. Bitcoin Mining Rig Manufacturers Experience a Device … Read more