Tag: mining

CleanSpark jumps on plans to buy four bitcoin mining facilities ahead of the halving

An array of bitcoin mining units inside a container at a CleanSpark facility in College Park, Georgia, on April 22, 2022.Elijah Nouvelage | Bloomberg...

Is mining set for a new wave of mega-mergers?

The defining deal of the mining industry’s last merger wave never happened. bhp Billiton’s audacious $150bn bid in 2008 for a rival, Rio Tinto,...

The Rise and Fall of a Bitcoin Mining Sensation

It was 8:45 in the morning of June 13 when Bill Stewart, the CEO of Maine-based bitcoin mining business Dynamics Mining, received a call...

Exxon is mining bitcoin in North Dakota as part of its plan to slash emissions

A view of the Exxon Mobil refinery in Baytown, Texas.Jessica Rinaldi | ReutersExxonMobil, the top oil and gas producer in the U.S., is piloting...

These 23 year-old Texans made $4 million last year mining bitcoin off flare gas from oil drilling

Brent Whitehead and Matt Lohstroh at the Texas A&M versus Alabama football game.Matt LohstrohHOUSTON — When Brent Whitehead and Matt Lohstroh were sophomores at...

El Salvador has just started mining bitcoin using the energy from volcanoes

El Salvador has mined 0.00599179 bitcoin, or about $269, with power harnessed from a volcano.President Nayib Bukele – who has banked his political future...

Industry output grows 11.5% in July on low-base effect, good performance by manufacturing, mining sectors – Times of India

NEW DELHI: Industrial production surged 11.5 per cent in July mainly due to a low-base effect and good performance by manufacturing, mining and power...

Tesla mints nickel deal with Aussie mining giant – Times of India

SYDNEY: Anglo-Australian mining firm BHP said Thursday it had reached a deal to provide Tesla with supplies of nickel -- a metal vital in...

China’s bitcoin mining is threatening its climate change targets, study says

Technicians make repairs to bitcoin mining machines at a mining facility operated by Bitmain in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017.Qilai...

A major Chinese bitcoin mining hub is shutting down its cryptocurrency operations

A visual representation of the cryptocurrency bitcoin.S3studio | Getty ImagesGUANGZHOU, China — China's Inner Mongolia region plans to ban new cryptocurrency mining projects and...

Nvidia announces new chips designed for mining Ethereum as the cryptocurrency hits record highs

Jensen Huang, president and CEO of Nvidia, speaks during the company's event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6,...

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