Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan

Chinese Company Bit Mining to Build $9 Million Bitcoin Farm in KazakhstanShenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed $9 million. Kazakhstan to Host New 100 MW […]

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Expert Believes Nuclear-Powered Crypto Mining Could Help Ukraine to Solve Energy Spending Problems

Expert Believes Nuclear-Powered Crypto Mining Could Help Ukraine to Solve Energy Spending ProblemsBitcoin mining could be a proper asset to solve one of the significant issues in the Ukrainian energy sector: spending. A financial expert praised the recent push given by Ukraine’s government to nuclear-powered crypto mining across the nation. Crypto Mining Can ‘Smooth out’ Fluctuations in Consumption, Says Expert During an interview with Inshe, Alexei Mushak, […]

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Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant

Ukraine to Set up a Crypto Mining Large-Scale Data Center in a Nuclear Power PlantUkraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations. After a bidding process, Energoatom chose Kyiv Energy Construction Company to handle the nuclear plant crypto mining project. Nuclear Power Plant Operator Expects to Launch the Data Center in 2022 According to official documents, the […]

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PR: Marconi Introduces Developer Testing Network to Secure Complex Cloud Networks

Marconi Introduces Developer Testing Network to Secure Complex Cloud NetworksSan Francisco, California – Marconi, creators of the blockchain-based smart ethernet Marconi Protocol, today announced the launch of its Developer Test Network. Designed to enhance or even replace existing networking infrastructure, Marconi Protocol provides an easy way to build and secure distributed networks and networking applications across regions and environments, whether nodes are running on hardware in a data center, virtual machines or containers.

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Bitmain Launches Key Crypto Mining Facility in Texas

Bitmain Launches Key Crypto Mining Facility in TexasBitmain Technologies Ltd. is launching a crypto mining facility and blockchain data center in the U.S. state of Texas at a former aluminum smelting facility with a recently-retired coal power station. The company is reportedly getting a tax abatement phased in over 10 years. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Mining […]

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Bitcoin in Brief Friday: Bitpanda Offers New Coins, Microsoft Dips Data Center in the Sea

Bitcoin in Brief Friday: Bitpanda Offers New Coins, Microsoft Dips Data Center in the SeaIn today’s Bitcoin in Brief we cover a recent announcement by a leading European crypto exchange – Bitpanda is adding two new coins, IOTA and Komodo. While on the Old Continent, Microsoft has immersed a whole data center off the coast of Scotland. And in Japan, a startup uses artificial intelligence, augmented reality and blockchain […]

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New US $65 Million Bitcoin Mining Facility is Among Largest Data Centers in North America

New US $65 Million Bitcoin Mining Facility is Among Largest Data Centers in North AmericaVirginia Beach, Virginia isn’t exactly known as a hotbed of bitcoin mining activity, but that appears to be changing, and soon. A local company has sunk 65 million USD into a giant facility, as the resort town attempts to become a hub for data centers. Also read: Have Lunch with Bitcoin Jesus in Paradise 65 Million […]

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