Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs

Los lunes, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue morebitcoin or bitcoin mining machines.Publicly-Listed Mining Operation to Raise $500M From Debt Markets to

La operación minera de Bitcoin, Genesis Digital Assets, anuncia un nuevo centro de datos en el oeste de Texas

Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. Según el anuncio, Genesis

Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates

Authorities in Kazakhstan have calculated the energy used in the countrys crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also estimated the additional supply necessary to meet the growing demand from

Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina

Bitfarms, a bitcoin mining company, announced last week that construction is underway for a mega bitcoin mining farm in Argentina. The facility, which is designed to accommodate 55,000 miners, will be finished by next year. This is yet another signal that

Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations

Members of the Iranian parliament, the Majlis, have voiced concerns over Tehrans restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of

Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300

Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The countrys power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power Utility