Category: Mining

Texas Bitcoin Mining Swells- Riot Purchases Mining Site For $650M, Blockcap Establishes HQ In Austin

The Lone Star State of Texas is solidifying its role as a bitcoin mining and blockchain hub. This week two major bitcoin mining companies established operations in Texas. The company…

Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer For $100 Million

Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the…

Ether Hashrate Climbs To New Heights, Reports Say A 2,000 Megahash ETH Miner Set To Drop This Summer

In December 2020, the mining rig manufacturer Innosilicon released a new ethereum miner called the Innosilicon A10 Pro+, which processes Ethereum-based hashrate at around 750 megahash per second (MH/s). Regional…

Hut 8 Purchases $30M Worth Of Nvidia’s GPU Miners, Looks To Push Capacity To 1,600 Gigahash

On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine…

DMG And Argo To Launch A Clean Energy-Focused Bitcoin Mining Pool

The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining…