Bitcoin Mining Facility With Room for 50,000 Rigs Set to Launch in Kazakhstan
The 180 megawatt facility that will be able to host 50,000 bitcoin mining rigs is set to launch sometime in early September. Source
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Bitfinex Completes Another $100M Loan Facility Repayment to Tether
Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether.In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT).Similarly to
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Largest Bitcoin Mining Facility Finds Perfect Match in Texas
SBI Holdings and GMO Internet are all geared up to launch a massive Bitcoin mining facility in Rockdale, Texas. This supports a very strong narrative at play in the Bitcoin mining industry. More and more miners have moved away from Asia are migrating to the United States. Texas, in particular,
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Russian Startup Turns Aluminium Plant into Bitcoin Mining Facility
Russia Mining Company (RMC) has taken over the facility of the now-defunct Nadvoitsy Aluminium Plant in the northern Karelia region, which ceased operations in 2018 due to U.S. sanctions. RMC plans to turn the aluminum plant into a mega Bitcoin mining farm that would control 20 percent of the world’s
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Bitmain Launches ‘World’s Largest’ Bitcoin Mining Facility in Texas
Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining in Rockdale, Texas. In a news release published on Oct. 21, Bitmain revealed the project had been completed together with the Rockdale Municipal Development District and Canadian technology firm DMG Blockchain Solutions.Pledges
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Russian Engineer Used a Supercomputer to Mine Bitcoin at Nuclear Facility
A Russian engineer caught illegally mining Bitcoin(BTC)trade, using one of the country’s most powerful supercomputers at a Russian nuclear lab located near the city of Sarov. He has been fined 450,000 rubles, or $7,000, as reported by the Moscow Times.Bitcoin mining is getting popular with the arrival of new mining
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