African Internet Pioneer Launches Bitcoin Mining Facility
Ghana-based IT solutions firm Ghana Dot Com (GDC) has launched a bitcoin mining facility it claims is the first in Africa. The announcement is notable given GDC chairman Nii Quaynor’s history as an early Internet pioneer. In 1993, Quaynor launched one of Ghana’s first Internet Service Providers, and he has since served on the board of ICANN and the Internet Governance Forum Advisory Group at the United Nations. As such, Quaynor sought to draw comparisons between the two technologies in an announcement regarding the launch. Quaynor said in a statement: “As one of first African computer....
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Ghana Dot Com has put Ghana on the Bitcoin mining map by starting a Bitcoin mining farm. Bitcoin mining has entered the African continent; the very first Bitcoin mining facility in the region is now in Ghana. Africa has always been a center of attraction for both Bitcoin and fintech-based businesses. The African continent has provided a lot of positive PR to the Bitcoin ecosystem – It has been and still is the testing ground for Bitcoin-based basic alternate financial services. Banking the unbanked is one of the taglines for the digital currency and there is no dearth of the unbanked and....
PRESS RELEASE. Known as a leader in cryptocurrency-mining hardware sales and logistics, Minerset has generated more than $300 million in distributing 120,000-plus crypto-mining devices to more than 200 investors worldwide. As a strong supporter and heavy investor in a cryptocurrency-mining ecosystem, Minerset is excited to announce that it has started constructing a mining facility in South Carolina that will allow investors to start mining Bitcoin (BTC) effectively.
Minerset Farms has secured the services of Bit5ive to project-manage, procure and install all of the....
The renewable bitcoin mining company acquired a new facility in Georgia which will hold up to 70,000 mining rigs at full capacity by the end of next year.
The bitcoin mining company will introduce a second facility located in South Carolina, a report outlines.
A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest underground crypto farm” found to date but media reports are challenging that assertion. Ukrainian Company Files Complaints Against SBU Raid on Its Facility Earlier in July, the Security Service of Ukraine (SBU) announced it uncovered a crypto mining farm that had been powered with stolen energy in the city of Vinnytsia. Officers seized around 5,000....