Solar – DIGIT INFO

Blockstream raising funds for mining at 70% lower company valuation

DIGIT — Wed, 07 Dec 2022 05:29:30 +0000

CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity.

Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm

DIGIT — Wed, 26 Oct 2022 20:00:53 +0000

On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC) in Texas. ACDC further detailed that the company inked a deal with the firm Compass Mining in order to host 27 megawatts (MW) of capacity, which will […]

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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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Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum

DIGIT — Mon, 10 Jan 2022 10:30:38 +0000

According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car’s electrical system to mine bitcoin, and he’s mined monero with the car’s […]

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Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into Solar Farm

DIGIT — Thu, 29 Jul 2021 21:30:15 +0000

Following the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and the firm’s recent partnership with Foundry, Greenidge revealed on Thursday it is investing profits into a renewable energy investment program. The company is in the midst of expediting the closure of a coal ash landfill in order […]

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Greenidge Generation will use BTC mining profits to build solar farm

DIGIT — Thu, 29 Jul 2021 15:45:00 +0000

According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm.

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Daymak to Launch Crypto Mining Vehicle by 2023

DIGIT — Thu, 03 Jun 2021 07:00:21 +0000

Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the car for 60 days, claims to have managed […]

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74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report

DIGIT — Fri, 07 Jun 2019 15:22:03 +0000

There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares published a report that details mining is not environmentally […]

The post 74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report appeared first on Bitcoin News.

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Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid

DIGIT — Fri, 31 May 2019 13:50:51 +0000

The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy. On May 29, Christian Ander, the founder of Stockholm’s Btcx exchange, explained how instead of selling surplus solar energy, he’s been using […]

The post Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid appeared first on Bitcoin News.

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NBA Team Mines Ethereum

DIGIT — Fri, 29 Jun 2018 07:48:52 +0000

The Sacramento Kings are now mining Ethereum, the team announced on Wednesday. They are the first sports team entering the crypto space, and in doing so are introducing crypto to sports fans and offering a local group that supports black communities to buy and sell ether. Also read: Coinbase Founder Launches Cryptocurrency Fueled Charity ‘Givecrypto’ Tech-Savvy […]

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