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Mining Centers

A Bitfarms employee inspects bitcoin mining hardware. (Aoyon Ashraf/CoinDesk)
Finance
Bitcoin mining
Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s
The Canadian company plans to open a second mining site in the country, which has low electricity costs, next year.
A Bitfarms employee inspects bitcoin mining hardware. (Aoyon Ashraf/CoinDesk)
By Eliza Gkritsi
Sep 19, 2022 at 12:30 p.m. UTC
Sep 19, 2022
Bitcoin MiningMining CentersArgentinaBitfarms
(Midjourney/CoinDesk)
Finance
Esg
Crypto Tech Firm BlockFills to Offer ESG Credits to Miners
The firm said it is working with Isla Verda Capital to sell carbon offsets to miners who get their power from renewable energy sources.
(Midjourney/CoinDesk)
By Eliza Gkritsi
Sep 13, 2022 at 5:14 p.m. UTC
Sep 13, 2022
ESGRenewable EnergyMiningBitcoin MiningMining Centers
Singapore's skyline. (Swapnil Bapat/Unsplash)
Finance
Filecoin
Filecoin Miner RRMine Global Leaves China for Singapore
China banned crypto trading and mining last year.
Singapore's skyline. (Swapnil Bapat/Unsplash)
By Eliza Gkritsi
Sep 13, 2022 at 9:33 a.m. UTC
Sep 13, 2022
FilecoinMiningMining CentersSingaporeChina
(CleanSpark)
Finance
Cleanspark
Bitcoin Miner CleanSpark Buys 10K New Machines for $28M After Discounts, Credits
The company has been taking advantage of opportunities to expand in the bear market.
(CleanSpark)
By Eliza Gkritsi
Sep 7, 2022 at 1:00 p.m. UTC
Sep 7, 2022
CleanSparkMining CentersBitcoin MiningBitmain
(Sandali Handagama/CoinDesk)
Finance
Ethereum mining
Large Ethereum Miners Look to Cloud Computing, AI Ahead of The Merge
The network's upgrade will do away with the need for bulky and expensive data centers, which the miners are looking to repurpose.
(Sandali Handagama/CoinDesk)
By Eliza Gkritsi
Sep 6, 2022 at 3:06 p.m. UTC
Sep 6, 2022
Ethereum MiningMiningMining CentersHIVE BlockchainHut 8 MiningEthereumThe Merge
Compass Mining's booth at Mining Disrupt in Miami in July 2022. (Eliza Gkritsi/CoinDesk)
Finance
Bitcoin mining
Bitcoin Mining Middleman Compass' Georgia Facilities to Close as Energy Prices Soar
The company is offering to move approximately 5,000 machines to Texas.
Compass Mining's booth at Mining Disrupt in Miami in July 2022. (Eliza Gkritsi/CoinDesk)
By Eliza Gkritsi
Sep 1, 2022 at 9:49 a.m. UTC
Sep 1, 2022
Bitcoin MiningMining CentersTexasGeorgiaCompass Mining
An Argo Blockchain facility (Argo Blockchain)
Finance
Bitcoin mining
Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain
Earlier this week, Argo lowered its year-end hashrate outlook from 5 EH/s to 3.2 EH/s.
An Argo Blockchain facility (Argo Blockchain)
By Eliza Gkritsi
Aug 26, 2022 at 2:05 p.m. UTC
Aug 26, 2022
Bitcoin MiningMiningMining CentersMining DifficultyArgo BlockchainEarningsAnalyst Ratings
Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)
Finance
Argo blockchain
Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M for 4.1 EH/s Hashrate Target
The firm is also looking to sign a deal for power in the next few months to avoid paying spot prices.
Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)
By Eliza Gkritsi
Aug 25, 2022 at 1:47 p.m. UTC
Aug 25, 2022
Argo BlockchainBitcoin MiningMiningMining CentersTexas
Mining rigs in Plattsburgh, N.Y. (Fran Velasquez/CoinDesk)
Finance
Debt
Crypto Mining Hosting Firm Applied Blockchain Adds $15M Loan to Pay Off Debt, Fund Growth
The company's North Dakota site was knocked offline in July due to an equipment failure in the substation feeding it power.
Mining rigs in Plattsburgh, N.Y. (Fran Velasquez/CoinDesk)
By Eliza Gkritsi
Aug 12, 2022 at 2:18 p.m. UTC
Aug 12, 2022
DebtMiningBitcoin MiningMining CentersNorth Dakota
Paraguay has abundant energy to attract miners. (Alex Steffler/Wikimedia)
Finance
Bitcoin mining
Commons Foundation Signs 100MW Deal for Crypto Mining in Paraguay
The South American country with abundant hydropower wants to attract bitcoin miners.
Paraguay has abundant energy to attract miners. (Alex Steffler/Wikimedia)
By Eliza Gkritsi
Jul 21, 2022 at 4:40 p.m. UTC
Jul 21, 2022
Bitcoin MiningMiningMining CentersRenewable EnergySouth America