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United Kingdom-based crypto mining company Argo Blockchain will be funding part of the building and equipment of its planned 800-megawatt data center in West Texas through an offering of senior notes.According to a Monday filing with the Securities and Exchange Commission (SEC), Argo plans to offer $57.5 million worth of
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United Kingdom-based crypto mining company Argo Blockchain’s plans to build an 800-megawatt data center in West Texas could cost anywhere from $1.5 billion to $2 billion.According to a Friday regulatory filing from Argo, the $2 billion cost estimate for the Helios mining facility built on a 320-acre land plot in
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“As we continue our rapid expansion plans in the United States, we remain committed to our sustainability and social commitments, by identifying ways to power our industrial-scale bitcoin mining farms with renewable energy and create job opportunities for the local communities in which we operate,” Executive Chairman and co-founder Abdumalik
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The construction of a bitcoin mega-mining farm in Argentina by Bitfarms is raising concerns for legislators. Martín Berhongaray, a national deputy, recently presented a resolution to force the government to disclose information about the installation of the facility, through representatives from the Ministries of Science, Technology and Innovation, Environment and
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Furthermore, Canaccord’s Joseph Vafi said “after adding 600 petahash of new hydro-driven mining capacity in Quebec during Q2, all the pieces are coming together for the company to further, materially expand its hash rate capacity in 2022, leverating 200MW of cheap, Texas wind power and recently placed orders for new
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Bitcoin (BTC) mining company BIT Mining plans to invest $12.14 million to develop an 85 megawatts crypto mining center in Ohio.As the company that owns the entire mining pool business operated under BTC.com, BIT Mining set up a joint venture agreement with Viking Data Centers to establish the Bitcoin mining facility.As
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Argo said the new Texas facility will have access to up to 800 megawatts of cheap, renewable energy. Source
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Samsung plans for its foundry to manufacture 3nm chips. Source
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The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions. Source
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The regulatory body deemed the exchange dormant because it had no trading activity in the three years following its registration with the CFTC. Source
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