mining operations

Cipher Mining Powers Up Black Pearl: What It Means for Bitcoin

Cipher Mining Powers Up Black Pearl: What It Means for Bitcoin

Cipher Mining Inc. has fully energized its highly anticipated Black Pearl data center. The company has completed its official launch of hashing operations, cementing its recent ascendance to the #3 player in the Bitcoin mining industry. This move marks a significant expansion of Cipher's operational capacity and is poised to...

AgriFORCE Mines Bitcoin with Gas: Smart Business or Risky Bet?

AgriFORCE Mines Bitcoin with Gas: Smart Business or Risky Bet?

AgriFORCE, an agricultural firm, is making headlines for an unexpected venture: Bitcoin mining. They’re not only doing it to mine Bitcoin, they’re doing it using stranded natural gas. In Berwyn, Alberta, they’ve teamed up with BlueFlare Energy to fuel their operation! 120 mining rigs drawing 425 kW to reach 32...

Hut 8's $134M Loss: Is the Energy Gamble Really Worth It?

Hut 8's $134M Loss: Is the Energy Gamble Really Worth It?

Hut 8's recent $134 million loss isn't just a bad quarter. It's a flashing red light on a high-stakes gamble. To succeed, CEO Asher Genoot says that intentional investments will be key to unlocking future potential. The harsh truth is hidden in the numbers. A 57% decrease in their overall...

Texas Town vs. Crypto Mine: Noise Pollution Nightmare!

Texas Town vs. Crypto Mine: Noise Pollution Nightmare!

Granbury, Texas, is currently going through a sad, disruptive challenge. This conundrum illustrates the increasing chasm between technology for technology’s sake and the health of the community. Residents are grappling with relentless noise pollution emanating from a nearby Bitcoin mine, turning their once-peaceful environment into a constant source of stress...