News

Grid Share has announced that it plans to launch a bitcoin mining data center in New Zealand's south island. The facility will be built next to a hydroelectric dam, the Pioneer Energy-owned Monowai Power Station, with whom Grid Share has partnered to supply energy. The 2MW facility will utiliz...

Riot Blockchain Inc. has announced that it is going to build a new cryptomine data center in Texas, on a 265-acre site that will utilize 1GW of energy, with an initial capacity of 400MW. According to reports, if used at full capacity constantly, the facility would consume the same amount of en...

The Franklin County Commission has denied a zoning request that would have allowed the development of a crypto data center. The Tullahoma Utilities Authority requested 9.12 acres of land at 6945 Spring Creek Road to be rezoned to a C-1 commercial restricted district from an R-2 general resi...

Compute North has announced that it has started constructing its 300MW data center. The facility is located at a gas-fired power plant in the lone star state of Texas. The CEO and co-founder of the company, Dave Perrill, said Compute North is thrilled to break ground on its new data center....

Kazakhstan is continuing its crackdown on illegal Bitcoin mines, and has shutt down over a dozen facilities amid power outages. Together, the Kazakh Ministry of Energy, the Committee for Nuclear and Energy Supervision, local police, and other state body representatives worked to identify the c...

Bitfury Group has announced the launch of a new crypto mining data center in Sarnia, Canada. The 28MW data center will begin operations with 16MW of capacity before the end of February. It will also add 12MW of capacity by the end of May. The company noted that the facility could be expanded t...

BIT Mining is pulling out of a near-$10M mining data center construction project in Kazakhstan, it has been revealed. The Hong-Kong based mining company announced back in May its intention to build and operate a 100 megawatts (MW) facility in the country, a move that saw its shares slide as f...

Compute North has announced the closing of its next growth capital round of $385 million. The capital raised comprises $300 million in debt financing and $85 million in initial Series C equity closing, led by Generate Capital and Mercuria. Compute North will fund the development of new project...

TORONTO, Jan. 31, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to announce the closing of its defini...

In recent years, Kazakhstan has become a hotspot for mining data centers, with the country becoming the second-largest producer of Bitcoin; however, alongside this developmental surge, there has also been a lack of infrastructure to support these energy-hungry coin minting facilities. Reports ...

There are growing concerns around grid availability in Texas after the announcement that as much as 5,000MW of cryptocurrency load could be added to the grid by 2023. According to reports, operator Electric Reliability Council of Texas (ERCOT) will oversee 3,000-5,000 MW added in addition to t...

Following mounting concerns from locals, the controversial data center heading for Pitt County is no longer happening. Compute North has announced that it has requested to withdraw its permit application for a data center that would have been located opposite the nearby Belvoir Elementary Scho...

Genesis Digital Assets, a U.S.-based Bitcoin (BTC) mining firm, has announced that it is expanding its data center footprint in Texas. The facility will be industrial-scale with a capacity of 300MW.According to reports, the facility will also have sustainability at its core, with “sustainable ...

As reported by WITN, there are murmurs in Pitt County that a data center may be on its way. This news has not been well received by locals, who have voiced concerns around the facility, which is to be proposed next to Belvoir Elementary School. Locals are apprehensive about potential noise pol...

Russian telco Rostelecom has announced the signing of a new data center deal with Russian gold mining company Petropavlovsk and Russian Post. Rostelecom signed a five-year contract worth RUB13.5 billion ($184.3 million) with Russian Post to provide IT services. The agreement will see Rostel...

Manhattan Solar Partners, a joint venture between BIT5IVE LLC and GMine LLC, will be building the largest renewable energy data center in Texas. BIT5IVE LLC builds class A crypto mining centers while GMine explores the capabilities of using green energy in mining crypto. The new data centers b...

Following El Salvador declaring Bitcoin as legal tender, the country's president Nayib Bukele has instructed state-owned geothermal electric company, LaGeo, to create a plan to offer geothermal energy to Bitcoin mining data centers.On Twitter, Bukele announced the news, saying: "I've just inst...

BIT Mining Limited, has announced that it has joined forces with a Kazakhstan-based firm in a binding investment sheet, to invest in a cryptocurrency mining data center in Kazakhstan. The company is investing $9.33 million to construct the facility, which will have an expected 100MW of capacit...

New Data Center to House Approximately 73,000 of Marathon’s Bitcoin Miners, Transitioning the Company’s Mining Operations to 70% Carbon NeutralLAS VEGAS, May 24, 2021 (GLOBE NEWSWIRE) -- In the news release issued under the same headline earlier today by Marathon Digital Holdings, Inc. (NASDAQ...

EDEN PRAIRIE, Minn., April 21, 2021 – Compute North and Bit Digital, Inc. (Nasdaq: BTBT), are pleased to announce an additional 40MW hosting agreement for the expansion of Bit Digital’s bitcoin mining operations in North America, with an important sustainability feature. As part of the agreem...