3K+ Bit Digital hosting partner's crypto miners go offline after explosion an...
The company said it will be seeking reimbursement for the lost revenue from mining crypto, with operations at Niagara Falls "hoped to resume within a few weeks." New York-headquartered crypto mining firm Bit Digital reported two of its hosting partners ceased operations to more than 4,800 rigs following power disruptions at different facilities. In a Thursday announcement, Bit Digital said a substation in Niagara Falls was damaged by “an explosion and subsequent fire,” necessitating its partner Blockfusion USA to take 2,515 Bitcoin (BTC) miners and 710 Ether (ETH) miners offline at the....
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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....
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....
The miners will be mostly positioned at a wind farm in West Texas and thousands more miners are scheduled to deploy throughout 2022.
ZeusMiner had just released their big update on May 7, 2014, and one of the pieces of new info in there was that they were partnering with GAWMiners for their hosting. I was able to speak with Josh Garza of GAWMiners about the deal. One of the things he told me was that he worked very hard to secure a deal with Zeus, and there was much more that would be announced in the coming weeks as the launch of Zeus's Scrypt ASIC miners begins. I respect that Josh and GAW are working so hard not only to get mining equipment to people at good prices yet they are also working with smaller and new....
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....