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Core Scientific, Riot, and CleanSpark led the way in increasing Bitcoin production in January helped by better weather conditions and stable electricity prices. Go to Source Powered by WPeMatico
Bitcoin miners as energy buyers utilize renewable energy sources and excess electricity offered by utility companies to fuel their mining operations. Go to Source Powered by WPeMatico
A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets. Go to Source Powered by WPeMatico
The state already has crypto miners, the bill to protect them still has to pass the house of representatives and be signed by the governor. Go to Source Powered by WPeMatico
The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022. Go to Source Powered by WPeMatico
The facility, which is to open this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid. Go to Source Powered by WPeMatico
The CEO of the cryptocurrency miner Argo Blockchain is the second executive to step down from the company after its acquisition by Galaxy Digital. Go to Source Powered by WPeMatico
The merger, which will create the company ‘New Hut’, is still subject to court and regulatory approval by U.S. and Canadian authorities. Go to Source Powered by WPeMatico
The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures. Go to Source Powered by WPeMatico
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11. Go to Source Powered by WPeMatico
