Tags : Rigs


Regulation

Bitcoin Miner Argo Borrows One other $70M for Rigs From

Argo Helios, a Texas-based subsidiary of London Bitcoin miner Argo Blockchain, has secured a $70.6 million mortgage from NYDIG to purchase extra mining rigs. The brand new mortgage follows the March announcement of a $26.6 million loan from NYDIG, which the corporate borrowed at an 8.25% rate of interest, bringing the full quantity borrowed from […]Read More

Regulation

CleanSpark Borrows In opposition to Bitcoin Mining Rigs to Get

Bitcoin miner CleanSpark has agreed to borrow as much as $35 million from Trinity Capital to buy extra mining gear. The three-year financing settlement has been secured by 3,336 new S19j Professional Bitcoin mining rigs, in keeping with a Securities and Exchange Commission filing submitted Friday. The corporate has 23,000 Bitcoin miners in operation, and […]Read More

Bitcoin

Why Are Bitcoin Mining Rigs In A Downward Spiral

Knowledge exhibits the costs of Bitcoin mining rigs have been taking place for some time now as profitability for miners has been observing a shrink. Value Of Bitcoin Mining Rigs Has Been On A Downward Spiral Just lately As per the most recent weekly report from Arcane Research, BTC mining rigs are actually at their […]Read More

Cryptocurrency

Genesis Digital Property Buys 20,000 Bitcoin Mining Rigs Amid US,

American Bitcoin (BTC) mining firm Genesis Digital Property has agreed to buy 20,000 new BTC mining programs from blockchain {hardware} big Canaan, based on a press release revealed immediately. Canaan additionally granted Genesis an possibility to purchase as much as 180,000 extra machines sooner or later. “The Bitcoin mining machines from this newest buy order […]Read More