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Braiins, the first bitcoin mining pool company, has donated 10 of their own bitcoin as well as 2.5 petahash to support Ukraine in lieu of Russia's invasion into the sovereign state. The company also created a hashrate donation account on Slush Pool so that Bitcoin miners across
Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro
Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly
News - Bitcoin - Mar 01, 2022Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly
News - Bitcoin - Mar 01, 2022Braiins, the first bitcoin mining pool company, has donated 10 of their own bitcoin as well as 2.5 petahash to support Ukraine in lieu of Russia's invasion into the sovereign state. The company also created a hashrate donation account on Slush Pool so that Bitcoin miners across
News - Bitcoin - Mar 01, 2022Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro
News - Bitcoin - Feb 28, 2022On Tuesday, the Bitfury Group - one of the world’s leading Bitcoin mining technology companies - announced that they were launching a new mining center in Sarnia, Ontario. The facility is already operational and is expected to reach a capacity of 16MW by the end of February and 28MW
News - Bitcoin - Feb 23, 2022In January, a title listed in the program for the 2022 International Solid State Circuit Conference caught a few eyes in the Bitcoin world. The title was “Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC,” and it caught a few eyes because it was being presented by technology giant, Intel.
News - Bitcoin - Feb 22, 2022Elon Musk’s electric vehicle company Tesla finished 2021 with $1.99 billion worth of bitcoin, according to their recent annual filing with the U.S. Securities and Exchange Commision (SEC). In a filing early last year, the company announced that they had purchased $1.5 billion worth of bitcoin
News - Business - Feb 21, 2022Canadian firm KPMG LLP announced the addition of bitcoin and ethereum to its corporate treasury. This represents the first time KPMG has purchased cryptocurrency and added it to its asset portfolio. Benjie Thomas, one of the Canadian Managing Partners at KPMG stated, "Investors such as hedge funds and family
News - Bitcoin - Feb 21, 2022U.S. states Georgia and Illinois recently proposed bills that would provide tax incentives for Bitcoin miners. On Thursday, state lawmakers in Georgia introduced a bill that would provide tax exemptions for the sale or use of electricity in mining activities. In late January, the Illinois state senate introduced a
News - Bitcoin - Feb 19, 2022