Genesis Digital Assets – DIGIT INFO

Genesis Digital Assets to Launch Flare Gas Powered Bitcoin Mining Site in Argentina

DIGIT — Thu, 09 May 2024 11:20:18 +0000

Genesis Digital Assets, a leading digital miner, has partnered with YPF Luz, an Argentine power company, to receive power from a flare gas installation to operate a bitcoin mining site in Argentina. The data center facility, in the Bajo del Toro thermoelectric plant, will host 1,200 bitcoin miners. Genesis Digital Assets to Operate Flare Gas […]

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Bitcoin hashrate recovers after big freeze shuts down miners

DIGIT — Mon, 26 Dec 2022 03:40:30 +0000

The Bitcoin network hashrate has returned to 241.29 EH/s after a temporary 38% fall to 170.60 EH/s from a weekly peak of 276.40 EH/s.

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Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota

DIGIT — Sat, 27 Aug 2022 22:30:12 +0000

This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North Dakota. Applied Digital Enters Purchase Agreement on August 15, […]

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Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

DIGIT — Fri, 12 Aug 2022 04:30:51 +0000

This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the pace” of the bitcoin mining company’s U.S. […]

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Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets

DIGIT — Fri, 17 Dec 2021 19:00:29 +0000

The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is part of an agreement between Canaan and Genesis that gives the mining operation the option to purchase up to 180,000 ASIC bitcoin mining rigs. Canaan […]

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Genesis Digital Assets announces new data center in Texas

DIGIT — Tue, 02 Nov 2021 03:04:45 +0000

Genesis Digital Assets’ new Bitcoin Texan mining center will have a capacity of 300 megawatts.

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Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas

DIGIT — Mon, 01 Nov 2021 20:30:08 +0000

Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. According to the announcement, Genesis says that the new facility will have 300 megawatts of capacity with a “low […]

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Nevada-Based Bitcoin Mining Operation Cleanspark Purchases 4,500 Bitcoin Miners From Bitmain

DIGIT — Tue, 12 Oct 2021 18:00:00 +0000

Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased by leveraging a portion of the company’s bitcoin holdings. Cleanspark Purchases 4,500 ASIC Mining Rigs From Chinese Manufacturer Bitmain The publicly-listed bitcoin mining firm Cleanspark […]

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Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More

DIGIT — Tue, 31 Aug 2021 16:30:52 +0000

The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also has the option to purchase an additional 180,000 […]

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Genesis Digital Assets raises $125M as mining sector pivots to the west

DIGIT — Thu, 29 Jul 2021 01:32:29 +0000

Genesis plans to more than triple its hashing capacity from 2.6 EH/s to 8.1 EH/s.

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