Argo Blockchain purchases 2 facilities in Quebec
The block reward miner has completed the purchase of two data centers in Quebec, Canada. This follows an earlier announcement this year that the firm purchased land in Texas.
Jacob Rozen
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Articles By Jacob Rozen:
Bitfarms gains approval to list on Nasdaq
Bitfarms claims to be the first block reward miner to trade on the Nasdaq Global Market tier, which is reserved for companies who fulfill a higher level of financial liquidity and other requirements.
Bitcoin SV leads all other blockchains in energy efficiency
Elon Musk recognized that despite the misinformation campaign waged by BTC zealots and charlatans, the sector still relies heavily on non-eco-friendly fossil fuels to produce the inferior tokens.
Block reward miners in South Korea getting tax break under new scheme
Companies involved in block reward mining may enjoy a significant tax break when South Korea’s new digital currency tax regime begins in 2022.
Canaan inks new deals injecting capital into firm
The NASDAQ-listed blockchain mining hardware maker announced this week that it entered a purchase order agreement with Genesis Digital Assets Limited valued at up to $93.63 million.
Argo Blockchain delivers on revenue growth in 2020
For 2020, London-based Argo Blockchain reported increased revenue by 120% to £19.0 million, compared to £8.6 million the prior year.
Core Scientific spending spree continues
The firm entered into a sales agreement with strategic partner Bitmain Technologies Limited to buy a mix of its S19, S19 Pro, S19J, and S19J Pro Antminers hardware rigs.
Block reward mining facilities under Beijing’s watchful eye
The Beijing Municipal Bureau of Economy and Information Technology reportedly sent an "emergency notice" to the city's data center operators to report if they're involved in the digital currency mining businesses.
Bitfarms moves ahead with plans to open mining facility in Argentina
Bitfarms signed a power purchase agreement with an undisclosed private Argentinian power producer enabling the firm to draw up to 210MW of electricity at its discretion.
Yes, Bitcoin is eco-friendly despite popular misconceptions
A common misconception seems to be that Bitcoin’s proof of work mechanism exceeds that of the many small nations, thus making it harmful to the environment and detrimental to power grids.
Ebang team under fire as corruption allegations grow
Ebang International Holding, Inc. is accused of deceiving investors into pouring over $100 million into its initial public offering by misusing the offering proceeds and inflating its sales report.
Hut 8 seeks to raise close to $400M in latest offering
Per Hut 8’s short-form prospectus, the proposed offering would occur during the 25-month span in which the prospectus remains effective.