Graystone Company Purchases 1,000 TH/s Capacity For Its Bitcoin Mining Operat...
Graystone Company has begun acquiring capacity for its Bitcoin mining operations with a purchase giving it 1,000 tera hashes per second.Graystone Company has announced in a press release an acquisition of 1,000 tera hashes per second (TH/s) in capacity for its Bitcoin mining operations. The purchase is the first step toward a company goal of acquiring 50,000 TH/s in 2021 and 100,000 TH/s in 2022.“The 1,000 TH/s is expected to generate 0.00501981 BTC (or $221.23) per day,” the company shared in the release. “The acquisition cost was $49,445 and was paid by our CEO. The equipment will be....
Related News
Argo Blockchain, a London-based cryptocurrency mining company, has announced an expansion of its mining capacity that will more than double its current hashrate. The expansion will be done through the acquisition of 20,000 S19J Pro bitcoin miners from Bitmain, which will be delivered in several installments. These miners will populate the facility the company plans to build in Texas next year.
Argo Blockchain Expands Hashrate
Argo Blockchain, a London-based crypto mining company, has announced the purchase of 20,000 mining machines to expand its capacity. This is part of the....
CleanSpark added an additional 93 PH/s to its mining capacity after purchasing over 1,000 Whatminers to be co-hosted by Coinmint.
The $138.5 million deal will add an estimated 3.7 EH/s to Riot’s existing and planned mining capacity. Riot Blockchain, a cryptocurrency mining company, has expanded its fleet and mining capacity with a new purchase order for 42,000 S19j Antminers from Bitmain.Megan Brooks, Riot’s COO, said the latest purchase order positions her company and the United States at the center of the Bitcoin mining industry:“By nearly doubling its planned hash rate capacity, Riot continues to take great strides forward in growing both the Company’s and the United States’ share of the global network hash rate.....
On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity.
Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com
Cryptocurrency mining, and more specifically bitcoin (BTC) mining, has seen millions of dollars invested during the course of the year. Enterprise operations have inked massive deals with bitcoin mining rig....
The software company that recently started mining bitcoin has purchased an 87,000 square foot data center to increase its mining capacity.