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Marathon Digital Holdings acquires two Bitcoin mines for $179M
20.12.2023
Marathon Digital Holdings recently signed a definitive purchase agreement with Generate Capital’s subsidiaries. The agreement will allow Marathon Digital Holdings to acquire two operating Bitcoin mining sites. Based on the terms, Marathon will pay 178.6 million dollars for sites totaling...
Chinese Bitcoin Mines in the US Attract National Security Attention
14.10.2023
Bitcoin mining operations in the United States, owned by Chinese entities, are currently under investigation for potential issues that could threaten national security, according to the New York Times (NYT).
The scrutiny began last year when a Chinese company began constructing a cryptocurrency...
Authorities shut off electricity to Bitcoin miners in China’s Yunnan province
1.12.2020
Local media reports indicate electricity producers in Yunnan, China’s fourth-largest province by Bitcoin hash rate, have been ordered not to provide power to crypto mines
Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners
26.8.2020
Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. The Chinese...
China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report
20.8.2020
The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s...
Exclusive: Chinese Group Looking to Buy One of Latin America's Largest Bitcoin Mines
14.2.2020
A Chinese group is in talks to buy CoinPY, one of the leading Bitcoin mining firms in Latin America