bitcoin

A Canada-based crypto mining company is acquiring two Pennsylvania coal-fired power plants as part of its purchase of a digital mining group.

A Canada-based digital asset mining and computing company is close to acquiring four small natural gas-fired power plants in Ontario. Hut 8 Mining Corp., headquartered in Toronto, on Nov. 3 announced the Ontario Superior Court of Justice approved the company’s bid for the facilities, and for a bitcoin mine in North Bay. The gas-fired plants […]

Williston, North Dakota (May 8, 2023) — Atlas Power, a leading provider of bitcoin mining infrastructure led by CEO Kevin Washington and COO Jeff Young, and Giga Energy, a pioneer in innovative gas-to-energy solutions founded by Brent Whitehead and Matt Lohstroh, have announced a groundbreaking joint venture to utilize stranded and flare gas for bitcoin […]

Bitcoin mining is the process used to generate new coins and verify new transactions. The process involves vast, decentralized networks of computers around the world that verify and secure blockchains, the virtual ledgers that document cryptocurrency transactions. In return for contributing their computing power, miners are rewarded with new coins. The process ultimately requires a […]

The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal energy techniques—to power their operations. Among the latest is a service from a California-based renewable energy group, RenewaBit, which has joined with CeraPhi Energy, a Houston, Texas-based company, to produce geothermal energy with integrated crypto mining […]

VAN NUYS, Calif. (Feb. 22, 2022) — Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ: CGRN), (“Capstone,” the “Company,” “we” or “us”), a global leader in carbon reduction and on-site resilient green energy as a service (EaaS) solutions, announced today that its southern U.S. Distributor, Lone Star Power Solutions (www.lonestarpowersolutions.com), has contracted with a remote data center […]

SAN DIEGO, California (February 8, 2022) – RenewaBit, Inc. and Houston Based CeraPhi Energy, LLC announced today their GreenFlash service that retrofits oil and gas wells to produce 100% clean geothermal energy with integrated crypto mining offtake that seamlessly commercializes produced energy at ultra-high yield prices. The GreenFlash service solves the key financial and environmental […]

SAN FRANCISCO & BOSTON – February 2, 2022 – Voltus, Inc., the leading distributed energy resource (DER) software technology platform, and Mawson Infrastructure Group, Inc. (NASDAQ: MIGI) (“Mawson”), a global leading-edge digital asset infrastructure company, today announce plans to deliver 100 megawatts (MWs) of distributed energy resources to the PJM electricity grid in 2022. Mawson […]

A digital mining company has an agreement to purchase a second power plant in Pennsylvania, as the group increases its coal refuse reclamation operations in the state to provide energy for its bitcoin mining operations. Stronghold Digital Mining, a bitcoin (BTC) miner headquartered in Kennerdell, Pennsylvania, on Aug. 3 said its purchase of the Panther […]