Tag: Mining

MARA acquiring Texas wind farm for better Bitcoin mining operations

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MARA Holdings, formerly Marathon Digital, has announced plans to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center.  The wind farm, with 240 megawatts of interconnection capacity and 114 MW of operational wind generation, will allow MARA to create a vertically integrated operation with zero-marginal energy costs, according to a company press release. The deal represents a strategic shift for MARA as it aims to integrate renewable energy into its mining operations, which require substantial computational power. Mining involves solving complex mathematical problems…

Latam Insights: Strategic Bitcoin Reserve Proposed in Brazil, Volcano-Powered Bitcoin Mining in El Salvador

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Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, a Strategic Bitcoin Reserve bill gets introduced in Brazil, Bukele hints at renting volcanos for bitcoin mining, and Vaneck highlights Bukele’s work in El Salvador. Brazil Introduces Bill to Establish Strategic […] Original

A Deep Dive into Bitcoin Mining Veteran Hut 8

A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and HPC/AI developments. The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. The […] Source CryptoX Portal

AEON MINING can help users earn $2,000 a day

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. From bobbin maker to millionaire: How 28-year-old Esmeraldz turned $50k into millions with AEON MINING’s clean energy crypto solutions. Hardworking youth 28-year-old Esmeraldz from the UK worked as a bobbin maker in a cotton mill, working from morning to night, delivering bobbins to workers beside the looms, earning $120 a week. Hard work cannot change the life…

Rethinking energy storage with Bitcoin mining

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Energy generation is a great thing for humanity. The famous astrophysicist Nikolai Kardashev went as far as considering energy generation as the one factor to evaluate how advanced a civilization is. So, when we hear that the AI industry is projected to consume around 120 GW by 2030 or that Bitcoin (BTC) mining is estimated to be currently consuming around 17.6 GW globally, we may actually consider…

US detaining Bitcoin mining equipment at border: report

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U.S. Customs and Border Protection, at the request of the Federal Communications Commission, has been detaining imports of Bitmain’s Antminer ASIC miners at ports nationwide for up to two months. The delays have impacted seven U.S.-based Bitcoin (BTC) mining companies without answers, according to a report from Blockspace. The detained models include the S21 and T21 series miners. CBP has not disclosed the reason for the detentions or provided a timeline for resolution. Some affected companies have reported daily holding fees exceeding $200,000. The holds do not appear to target…

Cloud Mining Company Bitfufu Joins the FTSE Global Micro Cap Index

Singapore-based cloud mining service Bitfufu (NASDAQ: FUFU) has officially been included in the FTSE Global Micro Cap Index. This milestone not only highlights the company’s growth trajectory but also showcases the rising prominence of bitcoin miners in the global equity markets. Joining the ranks of notable bitcoin miners like Bitfarms, Core Scientific, Cipher Mining, and […] Source CryptoX Portal