Category: Mining
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Bitcoin Miners Earn Record Hourly Revenue of $4 Million
Bitcoin miners earn windfall income amid the price rally.
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Massive 70 MW Bitcoin Mining Rig Shipped to Russia
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have a total power…
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Compute North Raises $25 Million To Expand Bitcoin Mining Operations
Compute North, one of the fastest-growing bitcoin mining companies in North America, has announced the close of a growth capital round that netted $25 million in debt financing and equity, which it will use to expand its operations in light of ongoing demand for its data and colocation services. The debt capital was raised as…
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Crypto Mining Farm Spotted Using High-End Gaming Laptops: Report
Images have surfaced on Twitter reportedly showing a crypto-mining operation using laptops fitted with high-end Nvidia RTX 30-series graphics cards.
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Baidu reportedly aims to address chip shortage plaguing gaming, crypto and cars
Baidu is reportedly planning to commercialize its chip technology by setting up a dedicated subsidiary backed by crypto-friendly venture capital firms.
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Mystery Entity Just Set up 20K Bitcoin Miners in Siberia: Report
A shipment of devices said to be worth up to $60 million was set up in the city of Bratsk and set to mining bitcoin.
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Argo Blockchain Plans New Bitcoin Mining Facility in Texas
Argo said the new Texas facility will have access to up to 800 megawatts of cheap, renewable energy.
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Russia has imported its largest Bitcoin miner batch
An unknown client in Russia has stacked 20,000 Bitcoin miners at one of BitRiver’s locations in Siberia.
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Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.”
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Chinese Mining Pool Poolin Acquires North American Competitor NovaBlock
China-based mining pool Poolin, which contributes the second-largest amount of hash rate of any single entity on the Bitcoin network, has acquired NovaBlock, a North American pool with offices in St. Jose, California and Calgary, Canada. The takeover will net Poolin an additional 1,681.83 petahashes per second (PH/s) in mining capacity, per data from BTC.com,…