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Bitcoin miner Genesis Digital Assets (GDA) announced on Aug. 1 that it has launched three new data centers in the U.S. state of South Carolina. The facilities came online in February and March.The facilities are located in the western part of the state, with the first opening in the town
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The new facilities are expected to add just under 1 EH/s to Nasdaq-listed CleanSpark's hashrate. Original Source
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Venezuela's energy supplier has shut down crypto mining facilities throughout the country as part of a reorganization of the national crypto department and ongoing corruption investigations involving the country's oil company.According to local media reports, crypto mining companies, and tweets from Venezuela's National Association of Cryptocurrencies, mining facilities were shut
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Bitcoin mining firm Marathon Digital has paid off its term loan and terminated its credit facilities with crypto-friendly Silvergate Bank, just as the bank announced it will be winding down operations.Marathon announced on Mar. 8 that it had prepaid its outstanding loan balance earlier that day, and would be terminating
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The lender is paying $5 million in cash and assuming liabilities associated with the two sites, which total 400 MW of operating capacity. Original Source
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The company is offering to move approximately 5,000 machines to Texas. Original Source
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Bitfarms (BITF), the Canadian crypto miner, is constructing two new production facilities in Sherbrooke, Québec that are slated to be completed in two phases next year, adding 78 megawatts of capacity total.The construction is scheduled to be completed in phases during the first and second quarters of 2022 and will
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Despite the partnership announcement, Galaxy Digital Mining did not provide specific details on the number of machines deployed for the first installation.Diversified financial services and investment management company in the digital asset sector Galaxy Digital (TSX: GLXY) said it is now hosting its newly-launched Bitcoin mining operations at Blockstream facilities.
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Bitcoin miners in China already have to deal with a government that wants to stamp out their industry. Add to that natural disasters such as flooding and landslides, and they have a full plate to contend with.Sichuan Bitcoin Farms Hit by FloodsAccording to government services, monsoon flooding in China during
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