Saudi Aramco reportedly plans to start mining Bitcoin

Saudi Aramco reportedly plans to start mining Bitcoin

The world’s 3rd largest company Saudi Aramco, according to reports is apparently considering joining the cryptocurrency ecosystem by mining Bitcoin. Investing.com stated that the Middle East oil company is interested in mining Bitcoin, citing information provided by Brazilian Bitcoin miner Ray Nasser during an interview on the Bitconheiros YouTube channel. “We are negotiating with Aramco. […]

Greenidge to use profits from Bitcoin mining to build a solar farm

Greenidge to use profits from Bitcoin mining to build a solar farm

Greenidge generator plans to expand the number of renewable energy sources available in New York by using profits from its Bitcoin mining procedure. Greenidge Generation, a bitcoin mining startup, plans to expand the number of renewable energy sources available in New York. Greenidge announced on Thursday that it would use the revenues from its Bitcoin […]

Abkhazia is negotiating with Russia about supplying Bitcoin miners with energy

Abkhazia is negotiating with Russia about supplying Bitcoin miners with energy

According to Abkhazia’s deputy prime minister, the state is in negotiations with Russia about energy supply, this is because they want to revive the mining industry which was temporarily put to stop. Abkhazia, a South Caucasus state, has announced that it is in talks with the Russian government to revive Bitcoin (BTC) mining in the […]

Massena temporarily suspends Bitcoin mining in order to beautify the city

Massena temporarily suspends Bitcoin mining in order to beautify the city

A Canadian border town, Massena, has imposed a 90-day suspension on Bitcoin mining operations to make roads and buildings more presentable. Massena, a municipality on the New York-Canadian border, has temporarily halted new Bitcoin (BTC) mining operations in the area. Due to aesthetic concerns, Massena Town city officials imposed a three-month moratorium on new Bitcoin […]

Bitcoin: Sydney-based mining firm to raise $200M ahead of Nasdaq IPO

Bitcoin: Sydney-based mining firm to raise $200M ahead of Nasdaq IPO

According to reports, an Australian Bitcoin miner is raising funds in preparation for the United States’ tech-focused exchange. It has been claimed that Iris Energy, a Sydney-based Bitcoin (BTC) mining company that invests in data centres powered by renewable energy sources, seeks to raise more money ahead of its anticipated Nasdaq IPO. According to Bloomberg, […]