Best Altcoins to Buy After Google Acquires Stake in Bitcoin Mining Company
Google is all set to acquire a 5.4% stake in Cipher Mining, a Bitcoin mining company, in exchange for guaranteeing part of the payment in the deal between Fluidstack (an AI-focused data center company) and Cipher Mining. Fluidstack and Cipher Mining have entered into a 10-year contract worth $3B, under which Fluidstack will lease Cipher […]
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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....
The location has 36 MW currently available and can scale up to 86 MW and the company purchased an additional 3,400 Antminers adding 340 PH/s to its hash rate.
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy announced on Wednesday that it acquired the operating assets of Great American Mining (GAM). The acquisition gives Crusoe over 10 megawatts (MW) of mining capacity and 4,000 ASIC mining rigs. Digital Flare Mitigation Firm Crusoe Energy Acquires Great American Mining’s Assets, Acquisition Adds Approximately 9% to Company’s Capacity On October 12, 2022, the digital flare mitigation (DFM) company Crusoe Energy announced that it has acquired the assets of Great American Mining (GAM). Through the deal, not only....
2TM Group, a partner company of Mercado Bitcoin, acquired a $1 million stake of $PRINTS tokens in the Fingerprints DAO, they announced on an official press release. With this acquisition, the holding company becomes part of “one of the world’s most significant NFT art-focused DAOs.” The 2TM Group is a holding company based in Brazil […]
On Monday, the high-performance computing (HPC) infrastructure provider and bitcoin mining firm Northern Data AG announced the acquisition of the bitcoin mining operation Bitfield N.V. in a stock-for-stock deal. Northern Data says the company will obtain 33,000 of the latest generation ASIC bitcoin miners from the arrangement.
Northern Data AG Acquires Bitfield N.V. — Firm gains Immediate Access to Deployable ASIC Mining Rigs
The Bitcoin network hashrate is hovering just above the 140 exahash per second (EH/s) handle at the time of writing. Bitcoin mining has become....