Auto Added by WPeMatico

Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations

In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to…

Continue ReadingCleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations

Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals

The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition…

Continue ReadingBitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals

Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas

On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement…

Continue ReadingBitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas

Report: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining Chip

Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about…

Continue ReadingReport: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining Chip

Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’

The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.”…

Continue ReadingIntel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’

Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose…

Continue ReadingBitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com

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…

Continue ReadingBitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com