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Genesis Digital Assets opens three new facilities in South Carolina in US expansion
1.8.2023
The company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas
Bitcoin miner Genesis Digital Assets raises $431M
22.9.2021
Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021
No gear, no problem! 3 ways to earn Bitcoin through cloud mining and staking
14.8.2021
Operational costs are high, but Bitcoin miners are making money hand over fist. Here’s how to join them and profit
The Wisemining Sato Boiler- A Product That Aims to Heat Your Home and Offset Costs by Mining Bitcoin
19.3.2021
In just over two weeks, a company called Wisemining plans to launch a new product called Sato, a boiler that can provide heat to a home by leveraging ASIC mining rigs for heat production. It also means that the heater provides revenue in the form of cryptocurrency, which offsets the costs...
Genesis Mining head forecasts importance of layer-two Bitcoin solutions
21.1.2021
He feels Bitcoin might need such solutions, even with the coin in a store of value role
Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’
31.12.2020
China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional...
Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in Sweden
20.12.2020
One of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local Boden municipality. The teams in Sweden are developing a system that converts excess heat from...
Survey suggests most investors think Bitcoin won’t top $50K by 2030
15.12.2020
A survey from Genesis Mining has found that most Bitcoin investors aren't expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exceeding $500,000
In Echo of Bitcoin’s Genesis, Mining Pool Embeds Reuters Headline on the Blockchain
3.12.2020
Slush Pool has immortalized a potentially iconic Reuters headline on the Bitcoin blockchain
Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining
17.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
On September 16, 2020, KuCoin, an IDG-backed crypto exchange, announced that its Pool-X platform has launched the BurningDrop program and will provide services for the Kratos Genesis token (KTSt) Distribution....
TRON to Maintain SUN Genesis Mining for 14 Days After Launch
15.9.2020
Leading crypto-blockchain network TRON announced on Monday that it will maintain the SUN Genesis mining for 14 days after its launch on 16th September, 2020. In a Twitter thread, TRON Co-founder and CEO Justin Sun stated that users will be able to access LP mining without losing their staked...
Tron Soars as Genesis Mining of New SUN Tokens is Confirmed
1.9.2020
As Justin Sun’s plan of driving more decentralized finance (DeFi) projects to the Tron blockchain moves one step forward, Tron’s native token TRX stands out as one of today’s top performers in the crypto market.
As of 9:00 UTC today, TRX was up by nearly 14.5% over the past 24 hours, trading at...
Bitcoin Hashrate Drops 30% — A Bullish Sign, Say Insiders
14.5.2020
A 30% drop in hashrate was predicted by industry insiders, who believe it to be bullish for Bitcoin
Genesis Mining’s Marco Streng: 'You Can't Just Switch Miners On and Off'
11.5.2020
The Cointelegraph Bitcoin Halving live party continues with a deep dive into how the mining industry is affected by the sudden, but very predictable revenue shock
Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase
10.4.2020
The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate...
Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’
10.4.2020
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of...
Genesis Mining- A Revolutionary, Secure, and Transparent Cloud Mining Platform
29.3.2020
Founded in 2013, Genesis Mining takes pride in being one of the oldest cloud mining firms reigning in the industry. A cloud mining platform is one that rents out mining hardware to the customers as well as mine for them in lieu of the share in the profits. These entities are quite effective...
Genesis Mining: If Economic Crisis Deepens Bitcoin Will Shine as the New Gold
21.3.2020
Philip Salter, head of operations at Genesis Mining, believes thatBitcoin will finally become the new gold in face of economic meltdown
Genesis Mining Rejects $3.1 Million Suit From Former Contractor
10.3.2020
Digital Capital claims that Genesis owes it more than $3.1 million in unpaid invoices, while Genesis is seeking to recoup all funds paid to the firm during their failed partnership
Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say
1.11.2019
Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter. Also Read: US, EU and UK Companies Can Now...