Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp. Original Source
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Electrical
Bitcoin Miner Riot Blockchain Buys Electrical Equipment Provider ESS Metron for $50M
Riot Blockchain (RIOT), one of the world’s largest bitcoin mining companies, is buying electrical equipment provider ESS Metron for $50 million, consisting of up to 715,41 Riot shares and $25 million in cash, according to a press release.Denver-based ESS Metron is a key supplier to Riot’s Whinstone, Texas, facility and
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Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners
Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday,
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