Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager
Submitted by Anonymous (not verified) on Wed, 04/19/2023 - 17:30The funds will go toward reducing Mawson's debts and fueling growth.
The funds will go toward reducing Mawson's debts and fueling growth.
The Singapore firm is one of the largest bitcoin miners in the world with 16.2 EH/s of hashrate.
The Singapore firm is one of the largest bitcoin miners in the world with 16.2 EH/s of hashrate.
Bitcoin miners in Texas get paid in power credits to power off during times of peak demand.
Bitcoin miners in Texas get paid in power credits to power off during times of peak demand.
Gryphon sent $500,000 of Sphere 3D's bitcoin to an address pretending to be its CFO.
Gryphon sent $500,000 of Sphere 3D's bitcoin to an address pretending to be its CFO.
Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs, which the bill looks to curb.
Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs, which the bill looks to curb.
TeraWulf reiterated its 5.5 EH/s computing power target for the second quarter of the year.
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