Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines
The new machines will add 475 PH/s to Hut 8's hash power. Source
Read MoreThe new machines will add 475 PH/s to Hut 8's hash power. Source
Read MoreEthereum miners have formed a cartel of sorts to thwart the implementation of a now contentious proposal – one they say cuts into their bottom line unfairly.Eight Ethereum mining pools amounting to around 30% of the network’s hash power have cast their support behind tiny mining pool Flexpool’s stance against
Read MoreDelivery of the new machines is set to start in May. Source
Read MoreThe incoming administration of Joe Biden has an opportunity to take the global lead in green mining for digital assets. It is no secret that there is a geopolitical struggle brewing over new forms of cryptocurrencies – both state-backed and private – and the best location for new capital formation
Read MoreSelling dedicated crypto cards would alleviate pressure on Nvidia's consumer models. Source
Read MoreThe mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate. Source
Read MoreGalaxy Digital is in a unique position to help connect operators and equipment providers with capital.Galaxy Digital has announced that it would be launching financial services for mining operations. According to the press release, this unit would be known as Galaxy Digital Mining and it would be focused on providing
Read MoreGalaxy has launched its proprietary mining and miner financial services operations. Source
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Read MoreBabel Finance is letting bitcoin mining firms put up their machines as loan collateral so the lender can offer them better terms.The loan-to-value ratio (LTV) for these loans is 30%, in part because Babel keeps the freshly mined crypto until the borrower pays back the loan. The LTV is significantly
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