News Formal

Bitcoin mining difficulties may be a good thing for this BTC mining company

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Bitcoin [BTC] miner CleanSpark has entered into an agreement to purchase Mawson Infrastructure Group’s mining facility. This facility stands in Sandersville, Georgia and was purchased for as much as $33 million. CleanSpark has also agreed to purchase 6,468 mining ASICs from Mawson for approximately $9.5 million. The maximum purchase price for the facility and miners […]

adds another milestone in a string of recent acquisition deals made by CleanSpark during this year’s crypto crash.10,000 latest generation Antminer S19j Pro mining machines for $28.0 million. This was after credits and discounts. The deal expanded its Bitcoin mining capacity by 1 EH/s.the acquisition of a Bitcoin mining facility in Washington, GeorgiaFurthermore, the organization acquired another mining facility in Georgia, Washington, on 9 August 2022.

In the past few months, operations have become increasingly difficult for miners due to high energy costs and falling BTC prices. Due to this reason, a lot of mining sites are being acquired by large mining enterprises.Subscribe to get it daily in your inbox.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Marimaca announces $15.5 million investment from Osisko Gold RoyaltiesA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

ETH vs. BTC: A change of scenario in the futures market has left BTC at #2Bitcoin [BTC]‘s ever-dominating rise in the spot market (market cap) has left all rivals behind by a margin. Ethereum [ETH], the closest rival still has miles and miles to go before it could catch up with the king coin. However, what would happen if we change the battleground to the futures (market) instead? Here’s how […]
Source: CryptoAmb - 🏆 22. / 68 Read more »