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Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows


The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically...

Ethiopia Explores Crypto Mining with New Hong Kong Data Center Deal


Ethiopia has inked a memorandum of understanding with Data Centre Service, a subsidiary of Hong Kong’s West Data, to build a $250 million data mining infrastructure project in the country. Data centres provide the facilities to host large-scale Bitcoin mining operations. The East African...

Indonesian Authorities Raid Ten Crypto Mining Facilities for Energy Theft


Source: AdobeStock / Photocreo Bednarek Indonesian authorities crack down on ten Bitcoin (BTC) mining sites for stealing energy from the national grid to power mining operations in the country. According to reports from local media outlets, the government moved in on ten crypto mining sites whose...

Immediate 3.0 ReoPro Review – Scam or Legitimate Trading Platform


Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate 3.0 ReoPro portrays itself as the “ultimate platform to discover trustworthy brokers”. It claims to secure users from fraud and connect them with brokers who are trusted...

Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M


On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million...

Bitcoin Miner Hut 8 to Build Out Mining Facility in Partnership with Celsius


Source: Pixabay Digital asset mining firm Hut 8 signed an interim agreement to build out and install crypto-mining facilities in collaboration with Celsius Network. In a Dec 18 press release, the Bitcoin miner signed the agreement linked to Celsius bankruptcy proceedings which will see the firm...

Satellite Images Show Bhutan’s Secret State-Owned Bitcoin Mining Facilities


Image Source: Pixabay Satellite images have uncovered Bhutan’s undisclosed state-owned Bitcoin (BTC) mining operations.  The landlocked Himalayan nation, known for its seclusion and breathtaking landscapes, has transformed itself into a crypto haven under the rule of King Jigme Khesar Namgyel...

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