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Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations
27.6.2024
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...
Satellite Images Show Bhutan’s Secret State-Owned Bitcoin Mining Facilities
23.11.2023
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...
Marathon Digital and Nodal Power Unveil Methane-Fueled Bitcoin Mining Pilot in Utah
3.11.2023
On Thursday, Marathon Digital, a publicly traded bitcoin mining company, announced its partnership with Nodal Power, revealing plans to initiate an innovative 280-kilowatt (kW) bitcoin mining pilot project in Utah. The project harnesses biogas, specifically methane from a landfill, to fuel...
Mawson Infrastructure Group Deploys 2,600 Bitcoin Miners at Newly Secured Pennsylvania Site
6.7.2023
Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the location. Mawson Secures Pennsylvania Site, Deploys 2,600...
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million
22.4.2022
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture...
Bitcoin’s 5% Drop in Value Puts Pressure on BTC Mining Operations and Older ASIC Rigs
1.7.2020
During the last seven days, the price of bitcoin has dropped 4.8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before. The lower price has affected […]
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Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
15.4.2020
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. Moreover, shipping delays from mining manufacturers have caused uncertainty and mining...