Category: mining rigs

Demand For Crypto Mining Rigs In Vietnam Rises With Bitcoin Prices, Report Reveals

Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the…

Higher Bitcoin Prices Create Resurrection Of Old Mining Rigs, Outdated Miners See New Life

The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show…

Mining Hardware Thief Gets 3-Year Sentence In Russia

Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing…

Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware

Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining…

Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China To The US

Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners…

Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash

Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC.…

Blockware Mining Raises $25M — Firm Looks To Make ‘Hashrate In The US More Globally Competitive’

On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing…