Griid – DIGIT INFO

CleanSpark targets 400MW Bitcoin mining capacity after acquiring GRIID

DIGIT — Fri, 01 Nov 2024 04:15:19 +0000

CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee.

Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations

DIGIT — Thu, 27 Jun 2024 19:40:28 +0000

In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity, particularly in the aftermath of Bitcoin’s fourth halving event which has increased the pressure on mining profitability. Cleanspark Acquires Griid in […]

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Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals

DIGIT — Tue, 05 Apr 2022 10:30:01 +0000

The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC Merger With Plans to Be Listed on Nasdaq in the Second […]

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Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas

DIGIT — Wed, 09 Mar 2022 09:30:30 +0000

On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement with an original design manufacturer (ODM) and a non-binding letter of intent with Compute North. Hive said the company plans to deploy 100 MW of […]

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Report: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining Chip

DIGIT — Mon, 21 Feb 2022 21:30:51 +0000

Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about the “Bonanza Mine” (BMZ1) blockchain accelerator chip at this year’s International Solid-State Circuits Conference (ISSCC). Intel’s Bonanza Mine Crypto Chip Products Introduced at ISSCC Information […]

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Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’

DIGIT — Sat, 12 Feb 2022 17:30:03 +0000

The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based […]

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$3.3B Bitcoin mining company Griid to list on NYSE via SPAC deal

DIGIT — Tue, 30 Nov 2021 21:40:00 +0000

The company projects it can mine up to 25,000 BTC per year by 2024.

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Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

DIGIT — Tue, 30 Nov 2021 21:30:55 +0000

After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech. Griid to Go […]

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Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com

DIGIT — Tue, 23 Nov 2021 07:30:12 +0000

On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com Cryptocurrency mining, […]

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