Friday, March 29, 2024
Home > Site (Page 2)

Arkon Energy Enters U.S. With Ohio Data Center Site Purchase, $26M in Fresh Funding

The company, which uses renewable electricity to mine bitcoin (BTC), also raised $26 million in fresh capital from Sandton Capital Partners, which it intends to use to fund an "aggressive expansion" into North America, according to an announcement shared with CryptoX on Tuesday. That's on top of the $28 million

Read More

Crypto Miner Hut 8 (HUT) Says Repairs to Damaged Equipment at Alberta Site Are Taking Longer Than Expected

“Progress in bringing the equipment back online has been slower than expected given frequent curtailments and hardware failures due to power surges,” the Toronto-based company said on Friday. “As individual miner hashboards are repaired and re-installed, other hashboards are failing and require repair, which is impairing our hashrate and production.” Source

Read More

Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s – Mining Bitcoin News

Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s

Read More

Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF

Larry Cermak, vice president of research at The Block, has announced that he will be taking the reins at the crypto and blockchain news website from interim chief executive officer Bobby Moran — the second change in leadership since reports surfaced that former CEO Mike McCaffrey financed the platform through

Read More