MicroBT Targets Large-Scale Mining Farms With New Hydro ASIC Machines

Bitcoin miner Hut 8 announced on Sept. 28 that it had closed a four-year, $1 billion senior secured credit line.The facility gives the parent company room to borrow...

Key TakeawaysKazakhstan allows miners to use flared gas, tapping up to 1.3TWh of cheap power for crypto operations.Oil companies can sell waste gas to miners, avoiding millions in...

This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on...

Key TakeawaysSweden reclassified Hive’s datacenter services as self-mining, retroactively denying input VAT recovery.Hive argues it provides taxable compute power, meaning the VAT change causes a major financial hit.Hive...