TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility

The miner expects its power cost to drop to $0.02/kWh when the nuclear site is fully operational. дальше »

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AI Wars: Elon Musk Is Said To Be Forming A Team To Fight ChatGPT

Elon Musk is using his power to prevent this chatbot from dominating the artificial intelligence business. Musk has reportedly sought artificial intelligence professionals in recent weeks about constructing a new research facility to develop an alternative to ChatGPT, the high-profile chatbot developed by the startup OpenAI, according to The Information and sources with direct knowledge […] дальше »

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Crypto mining facility integrates with web3 cloud computing infrastructure – GotGh #3

In the latest episode of Gathering of the Gigahash podcast, Akiba, Big Dave, and their guest, Hawk Crypto, discuss the current state of the crypto mining industry. The post Crypto mining facility integrates with web3 cloud computing infrastructure – GotGh #3 appeared first on CryptoSlate. дальше »

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Authorities Uncover Crypto Mine Hidden Under A School

The police have moved to arrest a former Massachusetts state facility worker for allegedly stealing nearly $18,000 worth of electricity to run an illegal crypto-mining operation. According to reports, the accused, Nadeem Nahas, set up a secret crypto-mining facility inside Cohasset High School’s crawl space. дальше »

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Russia To Launch $12.3 Million Crypto Mining Farm In Coming Months

The Russian Federation is looking to launch a crypto-mining facility worth over $12. 3 million (900 million rubles) in the coming months. According to a report by local Russian media, RBC, this massive data processing center will be located in Buryatia, a Russian republic in eastern Siberia. дальше »

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Green Energy: Encomiums As Bitcoin Mining Goes Nuclear in the U.S.

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Russian government subsidizes crypto mining facility in Siberia

The facility, which opens this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid. дальше »

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Bitcoin Miner Argo Blockchain's CEO Resigns

The troubled mining firm had to sell its biggest facility to stave off bankruptcy. дальше »

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Bitcoin Miner Argo Blockchain Loses CEO

The troubled mining firm had to sell its biggest facility to stave off bankruptcy. дальше »

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Riot reports 17K miners offline due to Texas weather

The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures. дальше »

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Binance Introduces Crypto Tax Calculator: But There’s a Catch

Binance has introduced a crypto tax calculator feature for easy tax filings. But, not every user can take advantage of the facility. The post Binance Introduces Crypto Tax Calculator: But There’s a Catch appeared first on BeInCrypto. дальше »

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Core Scientific to borrow millions from investment bank after court approval

Core Scientific has received permission from the bankruptcy court to borrow up to $70 million from B. Riley. The new credit facility will replace an existing one that was extended by B. Riley iThe post Core Scientific to borrow millions from investment bank after court approval appeared first on AMBCrypto. дальше »

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Core Scientific agrees $70 million loan from B. Riley

Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement loan facility. According to court documents, the miner has agreed to a $70 million credit facility from investment banking firm B. дальше »

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Bitcoin Miner Core Scientific to Borrow $70M From B. Riley

The firm said the loan will enable it to replace an existing facility and give it "up to 15 months runway and significant flexibility." дальше »

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Argo Blockchain accused of misleading investors in class-action lawsuit

After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain’s woes are worsening after a recent class-action suit. дальше »

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Sazmining Launches Hydroelectric-Powered Mining Facility In Wisconsin

The site furthers the company’s goals of providing mining hosting services to a retail audience using sustainable power sources. дальше »

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New York sued by environmental group after approval of crypto mining facility: Report

The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost. дальше »

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Bitfarms seeks to modify loan facility with BlockFi as bear market drags on

“During 2022, Bitfarms began taking proactive actions to increase financial flexibility and to reduce indebtedness and capital expenditure obligations,” according to CFO Jeff Lucas. дальше »

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Bitfarms to restructure equipment loan facility terms

Bitfarms Ltd, a global organization that mines bitcoin, is lowering the debt of one of its wholly-owned corporate subsidiaries. дальше »

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Argo Blockchain mined 28% fewer bitcoins in December

Argo Blockchain mined 147 bitcoins in December 2022, down from 198 in November. Mining revenue was $2. 49 million, compared to $3. 46 million during the previous month. Argo sold its Helios facility to Galaxy Digital for $65 million as it looked to avoid nose-diving into bankruptcy. дальше »

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Compass Mining claims victory over dynamics mining in legal battle

Compass' hosting contract was terminated by Kentucky-based Dynamics in June when there was a revelation that Compass had not paid the hosting and power fees associated with a facility in Maine дальше »

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Web3 Is Being Used to Preserve History Threatened by Wars

Theresa Kennedy, Black History DAO Founder, says using blockchain technology eliminates the need of a centralized storage facility. дальше »

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Argo Blockchain shares jump 100%+ after Galaxy Digital deal

Argo Blockchain PLC (LON: ARB; NASDAQ: ARBK) shares more than doubled on Wednesday as news of the cryptocurrency mining giant’s deal with blockchain firm Galaxy Digital hit the market. As we highlighted this morning, the Bitcoin (BTC/USD) miner has sealed a definitive agreement with Galaxy for the sale of Argo’s Helios mining facility. дальше »

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Argo Blockchain sells top mining facility to Galaxy Digital for $65M

Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy. дальше »

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Galaxy to acquire Helios Bitcoin mining facility from Argo Blockchain

Galaxy Digital Holdings Ltd. (TSX: GLXY), a leading digital asset focused financial services and investment management firm, is poised to acquire the Helios facility from cryptocurrency mining giant Argo Blockchain (LON: ARB) In an announcement on Wednesday, Galaxy revealed the acquisition would be for roughly $65 million and include all Argo-related operations at the Texas-based […] The post Galaxy to acquire Helios Bitcoin mining facility from Argo Blockchain appeared first on Invezz. дальше »

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Comfort & Style Behind Bars: Sam Bankman-Fried Enjoyed Cozy Stay In Bahamas Prison

Perhaps, it won’t matter now and things might be different once Sam Bankman-Fried settles himself in a detention facility outside of the Bahamas jurisdiction, where he once afforded special treatment. дальше »

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Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%

The miner cited delays in building out a mining facility by one of its partners, Lancium. дальше »

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BlockFi is bankrupt, where did it all go wrong?

BlockFi has become the latest firm to file for bankruptcy, citing “significant exposure” to FTX It has sued FTX to reclaim Robinhood shares which it alleges Bankman-Fried had pledged as collateral BlockFi bankruptcy was a longtime coming, with the firm rescued by a $400 million credit facility from FTX earlier this year Regulation simply must […] The post BlockFi is bankrupt, where did it all go wrong? appeared first on CoinJournal. дальше »

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Justin Sun Moved $6M Stablecoins From TrueFi Lending Pools Before FTX-Alameda Bankruptcy

Bankrupt trading firm Alameda Research has $7.2 million in outstanding debt from a TrueFi credit facility. дальше »

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Details of the FTX-Tron credit facility

FTX has announced a new agreement with Justin Sun’s blockchain network Tron, to allow holders of TRX and some other crypto tokens to swap assets from FTX to external wallets. дальше »

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Generate Capital Is Purchasing Two Mining Facilities From Compute North

Generate Capital, a lending company, is acquiring Compute North’s stake in two mega-mining facilities (a 300 MW facility in Wolf Hollow, Texas, and a 100 MW one in Kearny, Nebraska) for $5 million. дальше »

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Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup

Startup miner Aspen Creek Digital has 30MW worth of capacity at its Texas facility, making Compass one of its largest customers. дальше »

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Singapore MAS proposes to ban cryptocurrency credits

Crypto service providers should not provide any credit facility or accept payments from credit cards from their customers, the MAS suggested. дальше »

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Crypto Market Forecast: Week of October 25th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, Binance launches a new loan facility for Bitcoin miners as difficulty on the network surges, Coinbase reveals that its usage is now dominated by institutions, and the UK appoints a pro-crypto Prime Minister. дальше »

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Binance Pool Launches A $500 Million Lending Facility For Cash-Strapped BTC Miners

Binance Pool has launched a $500 million lending project aimed at helping crypto miners keep their heads above water amidst the devastating crypto winter. The project, which is the first of its kind for Binance Pool, was designed “to provide debt financing services” to public and private blue-chip bitcoin miners and global digital asset infrastructure […] дальше »

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Bitmain Signs a Purchase Order With CTCAP Group for a Modern Mining Facility in Iceland

Bitmain, a leading manufacturer of cryptocurrency mining servers, has unveiled a signed purchase today to acquire a new mining facility in Iceland. The acquisition has been signed in conjunction with CTCAP Group, a company working on building, investing, and operating… дальше »

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Bitcoin mining difficulties may be a good thing for this BTC mining company

Bitcoin [BTC] miner CleanSpark has entered into an agreement to purchase Mawson Infrastructure Group’s mining facility. This facility stands in Sandersville, Georgia and was purchased for as much asThe post Bitcoin mining difficulties may be a good thing for this BTC mining company appeared first on AMBCrypto. дальше »

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CleanSpark acquires mining facility in Georgia for $33 million

This is the second deal the company announced this week citing "substantially discounted price."

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Bitcoin Miner CleanSpark Acquires $33 Million Mining Facility In Georgia

The renewable bitcoin mining company acquired a new facility in Georgia which will hold up to 70,000 mining rigs at full capacity by the end of next year. дальше »

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Bitcoin Miner CleanSpark to Buy Mawson’s Georgia Mining Facility, Rigs for Up to $42.5M

The deal has potential to increase CleanSpark’s hashrate to 5.2 EH/s by the year-end, exceeding the company’s previous guidance. дальше »

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SoMee.Social secures $50M investment commitment from GEM Digital

GEM Digital Limited has committed $50 million to SoMee through a token subscription facility.… The post SoMee.Social secures $50M investment commitment from GEM Digital appeared first on CoinJournal. дальше »

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Still growing — Armenian mining operator increases power plant capacity

As cryptocurrency mining operators look for new locations, an Armenian firm has added an additional 60MW cloud hosting facility based at a local power plant. дальше »

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Evaluating Lido Finance's growth potential and its future plans

Lido Finance has enjoyed immense success in providing liquid staking facilities. It is currently the largest ETH staking facility now that Ethereum is switching to proof of stake. Lido Finance unveThe post Evaluating Lido Finance's growth potential and its future plans appeared first on AMBCrypto. дальше »

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Crypto Exchange Binance Receives Preliminary Approval to Operate in Kazakhstan

Binance has obtained preliminary approval from the Astana Financial Services Authority to operate a digital asset trading facility and provide custody in Kazakhstan. дальше »

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SBI Group reports investee getting CFTC approval for OTC derivatives trading in US

Under the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility. дальше »

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CleanSpark купила действующую биткоин-ферму за $16,2 млн

Американская майнинговая компания CleanSpark заключила окончательное соглашение с WAHA Technologies о покупке действующего предприятия по добыче биткоина за $16,2 млн. We're expanding our footprint in Georgia! ➡️ $CLSK has acquired a plug-in ready, #cleanenergy #bitcoin mining facility from WAHA Technologies. дальше »

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Bitcoin Miner CleanSpark Buys 36MW Facility and 3,400 Machines in Georgia for $25.1M

The Las Vegas miner continues to snatch up opportunities in a market ripe for mergers and acquisitions. дальше »

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Bitcoin Mining Company CleanSpark Acquires 86 MW Mining Facility

The location has 36 MW currently available and can scale up to 86 MW and the company purchased an additional 3,400 Antminers adding 340 PH/s to its hash rate. дальше »

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Australia-based crypto miner doubles hash rate after energizing Canadian rigs

Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.” дальше »

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Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility

The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings. дальше »

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