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cubes – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 05 Mar 2020 18:49:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png cubes – DIGIT INFO https://www.digit.info 32 32 $65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation https://www.digit.info/65m-investment-fuels-natural-gas-providers-behind-the-meter-bitcoin-mining-operation/ Thu, 05 Mar 2020 18:49:52 +0000 https://www.digit.info/2020/03/05/65m-investment-fuels-natural-gas-providers-behind-the-meter-bitcoin-mining-operation/ Read more]]>

$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 […]

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