Bitcoin mining
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Sangha Starts 19.9MW Solar-Powered Bitcoin Mining in Texas
Sangha Renewables is building a new Bitcoin mining facility in West Texas that will run entirely on solar power. Unlike most mining operations, this one won’t rely on the local power grid, it will use energy directly from an on-site solar farm. This “behind-the-meter” setup cuts costs and makes the process more efficient. The 19.9-megawatt…
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Bitcoin Miner Hive Bets Big on Paraguay for Cheap, Clean Energy
Bitcoin mining company Hive Digital Technologies is putting forward a long-term play in Paraguay, betting on the country’s low-cost hydropower and stable business environment to fuel its growth. The company, which already operates in Canada and Sweden, recently acquired a 200-megawatt (MW) mining facility in Paraguay from rival Bitfarms for $56 million. The first phase,…
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Hut 8 and Trump Family Start New Bitcoin Mining Company
Key Takeaways: Hut 8 Corp, a company that works with digital assets, announced today the launch of American Bitcoin Corp, a subsidiary focused on large-scale Bitcoin mining and strategic reserve building. The firm will operate as a partnership between Hut 8 and Eric Trump along with Donald Trump Jr. , with Eric Trump taking on…
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Riot Platforms Eyes AI Expansion As Bitcoin Minng Slows
1 Riot Platforms is branching beyond Bitcoin mining, announcing plans to expand into artificial intelligence (AI) and high-performance computing (HPC). The company will test these applications at their Corsicana facility in Texas, pointing to a potential shift in their business model. CEO Jason Les says the company wants to make better use of their existing…