Bitcoin Miner Hosting Provider River Purchases 3,000 More Miners
The miners will be mostly positioned at a wind farm in West Texas and thousands more miners are scheduled to deploy throughout 2022.River has purchased 3,000 miners expanding its hosting services. The company has thousands more miners scheduled for deployment this year. The majority of the purchased miners will be powered by a wind farm in West Texas.River, a bitcoin-focused fintech company, has purchased 3,000 application-specific integrated circuit (ASIC) miners on behalf of their clients which will mostly be wind-powered in West Texas, per a press release. "While other companies are....
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River Mining takes care of hardware procurement, hosting and maintenance while enabling customers to easily monitor the performance of their mining portfolio.
The bitcoin financial services provider will remove fees for a customer’s recurring bitcoin purchases beginning a week after the initial purchase.
Datacenter Cold Aisle Internal. Bitcoin mining has become a game of trying to get the most powerful miners in the largest quantities running on the least expensive power as possible. There are some other considerations as well, but these are the most significant. This change has made it difficult for most people to mine at home. That leaves the options of cloud mining or buying your miners and having them hosted. Bitcoin ASIC Hosting has previously been mentioned when CCN had covered the news of a deal with Dell to offer hosting in Dell data centers. In a followup with Allen Oh of Bitcoin....
Low electricity rates in Washington and Oregon have attracted bitcoin miners. But the influx has also courted some controversy after one utility along the Columbia River proposed raising rates specifically on the bitcoiners, according to Northwest News Network, a collaboration of public radio stations. Washington and Oregon have low electric rates on account of hydropower dams. The utility, the Chelan County Public Utility District (PUD), is concerned about bitcoin miners taking too much power. The PUD is also reluctant to want to attract too many miners since bitcoin’s volatility doesn’t....
The Geniuses at Work Corporation, the parent company of bitcoin mining hardware specialist GAW Miners, has acquired a controlling stake in cloud mining provider ZenMiner for $8m. GAW Miners had originally announced a partnership deal with ZenMiner earlier this month. At the time, ZenMiner agreed to provide cloud hashing services as part of a broader strategic partnership. In the latest deal, GAW Corp. acquired a controlling stake in the cloud hosting company. GAW CEO Josh Garza told CoinDesk, the stake purchase follows a period of close collaboration between the two companies, and that the....