Mining Facility – DIGIT INFO

Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners

DIGIT — Thu, 07 Nov 2024 00:40:25 +0000

Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain.

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Hive Digital to expand operations to Paraguay for the first time

DIGIT — Tue, 23 Jul 2024 01:20:08 +0000

Bitcoin miner Hive Digital has plans to build a 100-megawatt mining facility in Paraguay powered by the nation’s Itaipu hydroelectric dam.

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State-backed Crypto Mining Farm under Construction in Russia’s Buryatia

DIGIT — Sat, 11 Feb 2023 05:30:49 +0000

A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver Building Large Data Center for Cryptocurrency Mining in Buryatia, Siberia A 100-megawatt […]

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Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green

DIGIT — Sat, 17 Sep 2022 22:00:52 +0000

A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency on Solar and Excess Energy in South […]

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Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv

DIGIT — Wed, 20 Jul 2022 10:00:06 +0000

Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Illegal Mining Farm Discovered in War-Torn Kharkiv Region Officers from the Security Service of […]

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Compass Mining loses facility after allegedly failing to pay power bill

DIGIT — Tue, 28 Jun 2022 06:07:54 +0000

The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills.

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Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm

DIGIT — Wed, 03 Nov 2021 13:30:31 +0000

With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced it’s stepping up efforts to ensure the nation’s energy system is well-protected from such consumers. Large-Scale Illegal Mining Operation Uncovered in Central Ukraine The Security […]

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Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan

DIGIT — Sat, 24 Jul 2021 20:00:22 +0000

Crypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000 mining rigs. Bitmain to Work With Mining Facility Operator Enegix Leading mining equipment producer Bitmain has announced a partnership with […]

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Bloq Labs Reveals Software Suite That Aims to Increase Hash Power by Double Digits

DIGIT — Sun, 27 Jan 2019 17:20:25 +0000

The blockchain organization Bloq Labs has introduced a beta version of a new software suite for cryptocurrency miners called Titan. Bloq co-founder Jeff Garzik announced the project at the recent Binance conference in Singapore and claims the protocol can maximize a mining machine’s hashrate by double digits with thoughtful configuration and dynamic adjustment. Also read: An […]

The post Bloq Labs Reveals Software Suite That Aims to Increase Hash Power by Double Digits appeared first on Bitcoin News.

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Blockstream Buys Mining Equipment From Chinese Manufacturer Innosilicon

DIGIT — Wed, 01 Aug 2018 02:00:32 +0000

Blockstream, one of the largest Bitcoin Core funding contributors, has evidently bought a lot of cryptocurrency mining equipment from the Chinese electronics hardware manufacturer Innosilicon. Does this mean that the company is setting up its own mining center? Also Read: Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From Cryptocompare Blockstream Buys Mining Equipment […]

The post Blockstream Buys Mining Equipment From Chinese Manufacturer Innosilicon appeared first on Bitcoin News.

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