Tags : mined

Bitcoin

Fancy a Bitcoin mined via volcano? El Salvador is making

A geothermal pit dug beside a volcano will help power Bitcoin mining operations in El Salvador, the country’s president said in a tweet last night. “I’ve just instructed the president of  @LaGeoSV (our state-owned geothermal electric company), to put up a plan to offer facilities for Bitcoin mining with very cheap, 100% clean, 100% renewable, […]Read More

Bitcoin

This firm turned an old power plant into Bitcoin farm—and

Over the past few years, private equity firm Atlas Holdings has created arguably the most ambitious and self-sufficient Bitcoin mining facility in the U.S. by repurposing a whole abandoned power plant into a crypto farm. According to Ars Technica’s report published earlier this week, Atlas bought the Greenidge power plant in upstate New York back […]Read More

Bitcoin

Four tech firms have bought 66% of all Bitcoin mined

Four technology giants from around the world have been quick to jump on the Bitcoin bandwagon. And they are likely enjoying the multifold gains. Bitcoin frenzy Three firms from the US and one firm from China have brought over 66% of all new BTC mined in the past six months, figures show. Business analytics software […]Read More